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) increasing from 1.3% to 2.1%
  • GDP Annualized (QoQ) decreasing from 3.4% to 2.5%
  • Personal Income (QoQ) increasing slightly from 0.3% to 0.5%