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
Apr-182573.919
May-182589
Jun-182605
Jul-182614
Aug-182624
Sep-182633
Oct-182642

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.