By: Bloomberg Finance L.P. and Wells Fargo Economics
Bloomberg Finance and Wells Fargo Economists have updated their Weekly Economic Indicator Forecasts.
The most significant highlights are:
- Construction Spending (MoM) changing direction from -0.2% to 0.7%
- Factory Orders (MoM)changing direction from -3.6% to 1.1%
- Nonfarm Payrolls decreasing 25% from 275K to 220K
