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) decreasing by 0.3% from 0.8% to 0.5%
- Nonfarm Payrolls increasing by 11% from 175K to 195K
- Construction Spending (MoM) reversing sign from -0.2% to 0.2%