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 | Mar 2024 | 2763.43 | ±0.00 |
| 1 | Apr 2024 | 2768 | ±5 |
| 2 | May 2024 | 2761 | ±8 |
| 3 | Jun 2024 | 2764 | ±10 |
| 4 | Jul 2024 | 2759 | ±11 |
| 5 | Aug 2024 | 2750 | ±12 |
| 6 | Sep 2024 | 2747 | ±12 |
| 7 | Oct 2024 | 2741 | ±13 |
| 8 | Nov 2024 | 2743 | ±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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| April 18, 2024 | |
| Indicator | Value |
|---|---|
| S&P 500 | 5011.12 |
| U.S. GDP Growth, YoY % | 3.13 |
| U.S. Inflation Rate, % | 3.48 |
| Gold Price, $/oz-t | 2379.05 |
| Crude Oil Futures, $/bbl | 82.52 |
| U.S. 10 Year Treasury, % | 4.64 |