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%