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 | Dec 2020 | 2616.31 | ±0.00 |
| 1 | Jan 2021 | 2579 | ±5 |
| 2 | Feb 2021 | 2545 | ±8 |
| 3 | Mar 2021 | 2517 | ±10 |
| 4 | Apr 2021 | 2500 | ±11 |
| 5 | May 2021 | 2486 | ±12 |
| 6 | Jun 2021 | 2468 | ±12 |
| 7 | Jul 2021 | 2452 | ±13 |
| 8 | Aug 2021 | 2455 | ±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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| January 14, 2021 | |
| Indicator | Value |
|---|---|
| S&P 500 | 3795.54 |
| U.S. GDP Growth, YoY % | -2.62 |
| U.S. Inflation Rate, % | 1.36 |
| Gold Price, $/oz-t | 1846.60 |
| Crude Oil Futures, $/bbl | 53.72 |
| U.S. 10 Year Treasury, % | 1.15 |