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:
- Construction Spending (MoM) changing sign from -0.1% to 0.3%
- Nonfarm Payrolls decreasing from 272K to 200K
- Factory Orders (MoM) decreasing from 0.7% to 0.5%
