Current Forecast of US Personal Consumption Expenditures

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

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



Forecast Values for US Personal Consumption Expenditures

DateForecast
Apr-1813832.51
May-1813883
Jun-1813933
Jul-1813977
Aug-1814021
Sep-1814065
Oct-1814108

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.