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%