Current Forecast of US Total Retail Sales

Units: Million USD, Monthly.  Seasonally Adjusted.

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



Forecast Values for US Total Retail Sales

DateForecast
Oct-17475339
Nov-17490590
Dec-17550691
Jan-18434087
Feb-18445702
Mar-18489725
Apr-18466813

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.