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
Oct-173594.8
Nov-173610
Dec-173552
Jan-183555
Feb-183559
Mar-183528
Apr-183527

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.