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%