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