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 | Apr 2023 | 2801.37 | ±0.00 |
| 1 | May 2023 | 2801 | ±5 |
| 2 | Jun 2023 | 2804 | ±8 |
| 3 | Jul 2023 | 2800 | ±10 |
| 4 | Aug 2023 | 2794 | ±11 |
| 5 | Sep 2023 | 2787 | ±12 |
| 6 | Oct 2023 | 2778 | ±12 |
| 7 | Nov 2023 | 2769 | ±13 |
| 8 | Dec 2023 | 2763 | ±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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| June 06, 2023 | |
| Indicator | Value |
|---|---|
| S&P 500 | 4283.85 |
| U.S. GDP Growth, YoY % | 1.62 |
| U.S. Inflation Rate, % | 4.93 |
| Gold Price, $/oz-t | 1963.33 |
| Crude Oil Futures, $/bbl | 71.74 |
| U.S. 10 Year Treasury, % | 3.70 |