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:
- Retail Sales (MoM) decreasing from 0.7% to 0.4%
- Retail Sales less Autos (MoM) decreasing from 1.1% to 0.2%
- Business Inventories (MoM) reversing sign from 0.4% to -0.1%