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:
- Monthly Budget Statement increasing from -$129.4B to -$21.0B
- Retail Sales (MoM) declining from 0.6% to 0.1%
- Business Inventories reversing direction from -0.1% to 0.4%