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
Apr-181289
May-181352
Jun-181325
Jul-181323
Aug-181322
Sep-181322
Oct-181320

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.