By: Bloomberg Finance L.P. and Wells Fargo Economics (January 10, 2025)

Bloomberg Finance and Wells Fargo Economists have updated their Weekly Economic Indicator Forecasts.

The most significant highlights are:

  • PPI Final Demand (YoY) increasing from 3.0% to 3.4%
  • Retail Sales (MoM) decreasing from 0.7% to 0.4%
  • Housing Starts (SAAR) increasing by 2.4% from 1,289K to 1,320K