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:
- Nonfarm Productivity (QoQ) increasing from 0.2% to 2.8%
- Unit Labor Costs (QoQ) decreasing from 4.0% to 1.8%
- Nonfarm Payrolls decreasing by 12% from 206K to 180K
