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:
- Factory Orders (MoM) declining from 0.2% to -2.9%
- Nonfarm Payrolls declining 45% from 353K to 195K
- Avg Hourly Earnings (MoM) declining from 0.6% to 0.2%
