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 changes in expectations came from:
- Retail Sales (MoM) decreasing by half from 0.6% to 0.3%
- Industrial Production (MoM) declining by more than half from 0.4% to 0.1%
- Housing Starts (SAAR) increasing by 8.7% from 1,283K to 1,395K
