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) turning negative from 0.1% to -0.5%
- Industrial Production (MoM) decreasing from 0.9% to 0.3%
- Housing Starts (SAAR) increasing 2.9% from 1277K to 1315K