By: Bloomberg Finance L.P. and Wells Fargo Economics (October 25, 2024)
Bloomberg Finance and Wells Fargo Economists have updated their Weekly Economic Indicator Forecasts.
The most significant highlights are:
- Consumer Confidence increasing from 98.7 to 99.1
- Personal Consumption (QoQ) increasing from 2.8% to 3.6%
- Nonfarm Payrolls decreasing by 70.4% from 254K to 75K