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
Apr-18488880
May-18518800
Jun-18499700
Jul-18496900
Aug-18521600
Sep-18481800
Oct-18500900

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.