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
Jan-18441900
Feb-18445100
Mar-18504400
Apr-18488700
May-18524500
Jun-18501000
Jul-18503400

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.