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) changing direction from -6.2% to 1.2%
  • New Home Sales (SAAR) increasing by 3.8% from 661K to 686K
  • Consumer Confidence increasing slightly from 106.7 to 108.0