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 2024 | 2757.51 | ±0.00 |
| 1 | Sep 2024 | 2752 | ±5 |
| 2 | Oct 2024 | 2747 | ±8 |
| 3 | Nov 2024 | 2749 | ±10 |
| 4 | Dec 2024 | 2740 | ±11 |
| 5 | Jan 2025 | 2743 | ±12 |
| 6 | Feb 2025 | 2747 | ±12 |
| 7 | Mar 2025 | 2750 | ±13 |
| 8 | Apr 2025 | 2756 | ±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.
Other Credit and Banking Links of Interest:
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| September 18, 2024 | |
| Indicator | Value |
|---|---|
| S&P 500 | 5618.26 |
| U.S. GDP Growth, YoY % | 3.15 |
| U.S. Inflation Rate, % | 2.53 |
| Gold Price, $/oz-t | 2570.10 |
| Crude Oil Futures, $/bbl | 69.88 |
| U.S. 10 Year Treasury, % | 3.70 |