Current Forecast of US Industrial Production Index

Units: Index Values, 2012=100.  Seasonally Adjusted.

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



Forecast Values for US Industrial Production Index

DateForecast
Oct-17106.1469
Nov-17105.98
Dec-17105.73
Jan-18105.12
Feb-18104.75
Mar-18104.95
Apr-18105.23

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.