Economic Functions in Bloomberg

The bloomberg terminal has many useful economic functions. Some functions are ECOW, ECST, WECO, and ECOS.

You can find data on some economic indexes. "Survey" indicates analysts forecasts, and "actual" indicates what was the actual data.
For example, on the screen abvoe consumer confidence survey was 71.2 but the actual was 76.2. So the economy did better than predicted. In this case, the stock market is likely to go up.

Another useful function is forecasts. 
Here the screen gives economic forecasts of the Real GDP, CPI, Unemployment etc. These give a good idea of where the economy is going and what the financial markets will be like in the future.