Current Forecast of US Total Housing Starts

Units: Thousand Units, Monthly.  Seasonally Adjusted Annual Rate.

Solid Line = Actual Values.  Dashed Line = Predicted Values.



Forecast Values for US Total Housing Starts

DateForecast
Oct-171290
Nov-171212
Dec-171092
Jan-181018
Feb-181125
Mar-181030
Apr-181091

How This Forecast is Produced

The forecast of the indicator above is produced using Multichannel Singular Spectrum Analysis, or MSSA.

The forecast is made by using MSSA to decompose the time series into a trend component and many cyclical components.  The decomposed components of the time series are then projected forward in time.