Current Forecast of Nonresidential Fixed Investment

Units: Billion USD, .  Seasonally Adjusted, Annual Rate.

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



Forecast Values for Nonresidential Fixed Investment

DateForecast
Jan-182522.031
Feb-182531
Mar-182540
Apr-182547
May-182555
Jun-182562
Jul-182572

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.