Jan. 5 (Bloomberg) -- The U.S. Northeast, including New York, may have milder weather next week before a storm sends temperatures down, forecasters said.
Average temperatures in the Northeast may be 3 to 7 degrees Fahrenheit (1.7 to 3.9 Celsius) above normal from Jan. 10 to Jan. 14, according to MDA EarthSat Weather in Gaithersburg, Maryland.
By the end of that period, colder weather is expected to take hold across the East after a storm system passes through, according to the company’s 6- to 10-day forecast.
Traders use long-range temperature predictions to gauge energy use and market fluctuations. Hot or cold weather can increase demand for heating and cooling.
Weather Derivatives in Belton, Missouri, predicts in its 6- to 10-day forecast for Jan. 11 to Jan. 15 that average temperatures will reach 6 to 10 degrees above normal across much of the East Coast and Northeast.
Commodity Weather Group LLC’s president, Matt Rogers, also forecasts milder temperatures, in a range of 3 to 5 degrees above normal.
Both MDA and Rogers, in Bethesda, Maryland, expect a storm to pass over the East late next week.
The two forecasters also agree on their 11- to 15-day outlooks for Jan. 15 to Jan. 19, calling for more seasonal weather in the East with higher temperatures across Texas and the lower Mississippi River Valley. Weather Derivatives doesn’t do a 15-day outlook.
The normal average temperature in New York for Jan. 12 is about 33 degrees, according to MDA. The average is 29 in Boston, 23 in Chicago, 43 in Atlanta, 42 in Seattle, 53 in Houston, and 55 in Burbank, California.
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