Current Forecast of M1 Money Supply

Units: Billion USD, Average of Month.  Seasonally Adjusted.

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



Forecast Values for M1 Money Supply

DateForecast
Jan-183631
Feb-183618
Mar-183608
Apr-183599
May-183593
Jun-183591
Jul-183594

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.