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
Jan-181228
Feb-181220
Mar-181150
Apr-181170
May-181140
Jun-181130
Jul-181120

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.