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 2020 | 2957.52 | ±0.00 |
| 1 | May 2020 | 3134 | ±5 |
| 2 | Jun 2020 | 3168 | ±8 |
| 3 | Jul 2020 | 3188 | ±10 |
| 4 | Aug 2020 | 3197 | ±11 |
| 5 | Sep 2020 | 3203 | ±12 |
| 6 | Oct 2020 | 3209 | ±12 |
| 7 | Nov 2020 | 3197 | ±13 |
| 8 | Dec 2020 | 3182 | ±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 04, 2020 | |
| Indicator | Value |
|---|---|
| S&P 500 | 3112.35 |
| U.S. GDP Growth, YoY % | 0.25 |
| U.S. Inflation Rate, % | 0.33 |
| Gold Price, $/oz-t | 1712.90 |
| Crude Oil Futures, $/bbl | 37.37 |
| U.S. 10 Year Treasury, % | 0.82 |