Current Forecast of US Real GDP Growth Rate

Units: Percent per Year, Monthly.  Seasonally Adjusted.

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



Forecast Values for US Real GDP Growth Rate

DateForecast
Jun-172.03
Jul-171.97
Aug-172
Sep-172.17
Oct-172.41
Nov-172.51
Dec-172.45

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.