Current Forecast of US Imports

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

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



Forecast Values for US Imports

DateForecast
Apr-183130.603
May-183152
Jun-183173
Jul-183176
Aug-183178
Sep-183181
Oct-183192

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.