U.S. Business Loans Prediction
Trend Chart of U.S. Business Loans with Prediction
Billion USD.
U.S. Business Loans Predicted Values
Commercial and Industrial Loans Outstanding. Billion US Dollars, SA.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | Aug 2023 | 2740.53 | ±0.00 |
| 1 | Sep 2023 | 2745 | ±5 |
| 2 | Oct 2023 | 2728 | ±8 |
| 3 | Nov 2023 | 2714 | ±10 |
| 4 | Dec 2023 | 2704 | ±11 |
| 5 | Jan 2024 | 2692 | ±12 |
| 6 | Feb 2024 | 2677 | ±12 |
| 7 | Mar 2024 | 2665 | ±13 |
| 8 | Apr 2024 | 2651 | ±14 |
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How This Forecast is Produced
FFC's forecast of business loans is based on prior values of business loans along with various other factors such as economic growth, interest rates, other loan formation rates and general business conditions. Please see our methodology page for a better understanding of how this forecast is created.
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| September 22, 2023 | |
| Indicator | Value |
|---|---|
| S&P 500 | 4320.06 |
| U.S. GDP Growth, YoY % | 2.47 |
| U.S. Inflation Rate, % | 3.67 |
| Gold Price, $/oz-t | 1927.35 |
| Crude Oil Futures, $/bbl | 90.33 |
| U.S. 10 Year Treasury, % | 4.44 |