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:
- Durable Goods Orders (MoM) declining from 0.0% to -6.3%
- Personal Spending (MoM) declining from 0.7% to 0.4%
- Construction Spending (MoM) declining from 0.9% to 0.6%