Forecasts of Selected Variables: October 29, 2026
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@            Actual and Forecast Values for Selected Variables                
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@ Real GDP and its Endogenous Components                                      
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PRINTVAR FIXEDF LEVELS PCHANGES GDPR CS CN CD IHH IKF IM;                     
 
          GDPR        GDPR        CS          CS          CN          CN      
         Level      %Change      Level      %Change      Level      %Change 
2019.1  5107.92500     2.52343  2334.72500     0.42085   728.72500     3.53415
2019.2  5150.57500     3.38197  2345.30000     1.82412   736.97500     4.60594
2019.3  5210.82500     4.76183  2368.65000     4.04230   744.10000     3.92360
2019.4  5246.37500     2.75699  2387.55000     3.23010   744.77500     0.36335
2020.1  5177.30000    -5.16339  2333.57500    -8.74070   755.00000     5.60572
2020.2  4769.52500   -27.97435  2062.70000   -38.95400   731.52500   -11.86896
2020.3  5139.75000    34.85513  2228.20000    36.16717   780.95000    29.89015
2020.4  5198.00000     4.61094  2267.90000     7.31957   784.32500     1.73990
2021.1  5276.62500     6.18907  2299.52500     5.69561   804.95000    10.94082
2021.2  5368.52500     7.15070  2377.02500    14.17801   833.95000    15.20848
2021.3  5410.45000     3.16055  2435.50000    10.20912   835.55000     0.76964
2021.4  5500.40000     6.81778  2458.15000     3.77219   839.85000     2.07447
2022.1  5486.42500    -1.01242  2470.30000     1.99180   833.72500    -2.88543
2022.2  5494.07500     0.55891  2502.57500     5.32940   833.77500     0.02399
2022.3  5531.10000     2.72300  2521.15000     3.00216   827.65000    -2.90622
2022.4  5568.12500     2.70459  2535.02500     2.21962   825.75000    -0.91511
2023.1  5614.25000     3.35490  2554.27500     3.07222   829.55000     1.85350
2023.2  5644.40000     2.16547  2561.32500     1.10861   830.47500     0.44677
2023.3  5707.22500     4.52709  2574.80000     2.12104   837.30000     3.32802
2023.4  5758.30000     3.62801  2599.05000     3.82084   844.05000     3.26385
2024.1  5779.00000     1.44570  2619.67500     3.21222   841.27500    -1.30862
2024.2  5830.05000     3.58058  2639.30000     3.03040   849.87500     4.15216
2024.3  5875.45000     3.15147  2657.60000     2.80244   859.27500     4.49812
2024.4  5910.45000     2.40417  2679.50000     3.33718   866.32500     3.32245
2025.1  5912.55000     0.14220  2688.80000     1.39556   869.37500     1.41570
2025.2  5971.15000     4.02378  2701.15000     1.84995   873.72500     2.01651
2025.3  6028.22500     3.87855  2727.67500     3.98619   881.62500     3.66605
2025.4  6031.35000     0.20752  2743.32500     2.31482   882.47500     0.38621
2026.1  6068.57500     2.49172  2747.97500     0.67974   883.20000     0.32903
2026.2  6102.00000     2.22142  2771.17500     3.42004   889.90000     3.06912
2026.3  6152.75000     3.36851  2799.20000     4.10699   897.45000     3.43707

2026.4  6207.71421     3.62148  2819.87521     2.98734   903.50333     2.72544
2027.1  6257.78850     3.26584  2837.44145     2.51516   908.79515     2.36346
2027.2  6302.68568     2.90088  2853.98704     2.35295   913.80562     2.22363
2027.3  6335.75770     2.11549  2870.00595     2.26410   918.67517     2.14865
2027.4  6363.82894     1.78405  2885.61792     2.19370   923.44632     2.09364
2028.1  6390.64881     1.69646  2900.95293     2.14272   928.15384     2.05476
2028.2  6417.89820     1.71652  2916.14195     2.11086   932.83144     2.03116
2028.3  6446.03805     1.76540  2931.27584     2.09209   937.50693     2.01998
2028.4  6475.23012     1.82382  2946.41489     2.08192   942.20192     2.01828
2029.1  6505.47696     1.88160  2961.60004     2.07750   946.93284     2.02363
2029.2  6536.69873     1.93359  2976.85689     2.07660   951.71153     2.03393
2029.3  6568.79058     1.97830  2992.19756     2.07731   956.54581     2.04736
2029.4  6601.66398     2.01687  3007.62437     2.07828   961.44021     2.06246
 
          CD          CD          IHH         IHH         IKF         IKF     
         Level      %Change      Level      %Change      Level      %Change 
2019.1   376.35000    -3.50809   152.19456    -7.53528   591.91955     1.49322
2019.2   387.30000    12.15595   155.44283     8.81437   601.22650     6.43923
2019.3   396.42500     9.76254   158.05079     6.88185   605.85100     3.11239
2019.4   399.65000     3.29401   158.64430     1.51056   602.13723    -2.42949
2020.1   383.67500   -15.05560   164.12893    14.56255   594.02696    -5.27978
2020.2   382.65000    -1.06434   151.72689   -26.96859   546.79156   -28.21022
2020.3   452.82500    96.11676   171.85496    64.58796   566.13478    14.91908
2020.4   455.90000     2.74407   184.14438    31.82131   583.59695    12.92048
2021.1   486.25000    29.40769   189.15160    11.32846   598.65040    10.72382
2021.2   506.35000    17.58849   187.19997    -4.06370   614.47331    10.99897
2021.3   474.02500   -23.19284   185.88991    -2.77003   615.77168     0.84787
2021.4   482.30000     7.16774   186.45154     1.21401   625.48506     6.46060
2022.1   479.57500    -2.24092   185.16526    -2.73107   644.65534    12.83468
2022.2   478.10000    -1.22459   178.88664   -12.88887   658.12930     8.62619
2022.3   476.22500    -1.55951   165.99955   -25.84918   670.10959     7.48266
2022.4   471.02500    -4.29667   154.66594   -24.63822   683.49215     8.23078
2023.1   490.60000    17.68859   152.87258    -4.55798   697.79307     8.63568
2023.2   491.15000     0.44919   153.60938     1.94187   714.43106     9.88406
2023.3   497.60000     5.35736   156.09245     6.62440   716.89111     1.38448
2023.4   496.55000    -0.84138   157.09563     2.59561   727.20469     5.87999
2024.1   494.95000    -1.28268   163.17367    16.39758   731.31376     2.27943
2024.2   505.82500     9.08269   161.80857    -3.30462   735.43506     2.27331
2024.3   515.60000     7.95692   160.07123    -4.22611   746.57222     6.19645
2024.4   530.45000    12.02790   161.39604     3.35188   742.84703    -1.98100
2025.1   523.45000    -5.17497   159.64193    -4.27700   759.99234     9.55679
2025.2   528.52500     3.93488   158.14945    -3.68745   773.20780     7.13912
2025.3   530.65000     1.61797   157.16041    -2.47816   780.03639     3.57967
2025.4   533.57500     2.22314   157.38763     0.57958   784.10777     2.10419
2026.1   535.77500     1.65948   153.12475   -10.40184   801.20671     9.01225
2026.2   545.37500     7.36213   154.57090     3.83158   819.01036     9.18910
2026.3   548.47500     2.29312   153.24518    -3.38683   843.91541    12.72963

2026.4   553.08224     3.40261   153.02065    -0.58479   857.29539     6.49428
2027.1   557.86321     3.50278   153.71067     1.81597   868.32340     5.24563
2027.2   562.86211     3.63279   154.75665     2.74987   880.25558     5.61099
2027.3   568.07348     3.75524   156.10645     3.53475   883.56833     1.51388
2027.4   573.48763     3.86714   157.73503     4.23874   885.80813     1.01784
2028.1   579.11017     3.97970   159.60714     4.83269   887.19920     0.62964
2028.2   584.95554     4.09902   161.71270     5.38218   888.00360     0.36316
2028.3   591.03506     4.22251   164.04361     5.89143   888.34230     0.15265
2028.4   597.35668     4.34747   166.57632     6.32021   888.64860     0.13799
2029.1   603.92639     4.47230   169.27939     6.65058   889.14789     0.22493
2029.2   610.74845     4.59561   172.12433     6.89385   889.94086     0.35721
2029.3   617.82502     4.71587   175.08796     7.06713   891.06224     0.50498
2029.4   625.15641     4.83173   178.15097     7.18340   892.52387     0.65774
 
          IM          IM      
         Level      %Change 
2019.1   773.57500    -0.24524
2019.2   777.85000     2.22891
2019.3   774.47500    -1.72429
2019.4   759.95000    -7.29344
2020.1   732.87500   -13.50728
2020.2   608.97500   -52.32637
2020.3   709.40000    84.14795
2020.4   762.35000    33.36838
2021.1   773.15000     5.78825
2021.2   791.22500     9.68443
2021.3   805.17500     7.24107
2021.4   845.55000    21.61749
2022.1   864.15000     9.09362
2022.2   881.22500     8.14108
2022.3   870.30000    -4.86755
2022.4   864.10000    -2.81929
2023.1   855.10000    -4.10155
2023.2   854.70000    -0.18698
2023.3   864.57500     4.70222
2023.4   876.20000     5.48782
2024.1   882.70000     3.00054
2024.2   906.67500    11.31509
2024.3   931.85000    11.57772
2024.4   934.20000     1.01257
2025.1  1006.45000    34.71296
2025.2   927.77500   -27.78925
2025.3   927.87500     0.04312
2025.4   924.37500    -1.50031
2026.1   949.90000    11.51128
2026.2   978.47500    12.58678
2026.3  1023.40000    19.66929

2026.4  1022.17716    -0.47710
2027.1  1024.05432     0.73660
2027.2  1027.82292     1.48018
2027.3  1032.12215     1.68366
2027.4  1036.43274     1.68107
2028.1  1040.62796     1.62896
2028.2  1044.73239     1.58703
2028.3  1048.80453     1.56825
2028.4  1052.90586     1.57339
2029.1  1057.08660     1.59775
2029.2  1061.38348     1.63587
2029.3  1065.82080     1.68279
2029.4  1070.41333     1.73474
PRINTVAR FIXEDF LEVELS IVF;                                                   
 
          IVF     
         Level  
2019.1    28.57500
2019.2    20.62500
2019.3    16.87500
2019.4     6.32500
2020.1    -9.97500
2020.2   -65.35000
2020.3    29.00000
2020.4    22.35000
2021.1    -3.35000
2021.2   -30.15000
2021.3     4.15000
2021.4    52.22500
2022.1    52.67500
2022.2    26.90000
2022.3    22.55000
2022.4    41.72500
2023.1     7.85000
2023.2     1.85000
2023.3    15.07500
2023.4    13.30000
2024.1    -0.92500
2024.2    15.20000
2024.3    13.70000
2024.4     0.25000
2025.1    38.50000
2025.2    -8.82500
2025.3   -11.47500
2025.4   -11.47500
2026.1    -8.67500
2026.2   -15.85000
2026.3     5.07500

2026.4     9.79738
2027.1    17.81873
2027.2    22.33288
2027.3    24.27756
2027.4    22.28376
2028.1    19.61458
2028.2    17.54423
2028.3    16.34909
2028.4    15.75263
2029.1    15.55009
2029.2    15.58427
2029.3    15.74076
2029.4    15.94597
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@ Prices and Wages                                                            
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PRINTVAR FIXEDF PCHANGES GDPD PF WF WR ;                                      
 
          GDPD        PF          WF          WR      
        %Change     %Change     %Change     %Change 
2019.1     1.20202     1.20664     8.42968     7.13692
2019.2     2.08535     2.33836     1.48136    -0.83742
2019.3     1.27905     1.01197     1.56586     0.54835
2019.4     1.25051     1.10124     6.81021     5.64678
2020.1     1.98797     1.06213    11.31595    10.14606
2020.2    -1.58194    -2.08805    35.16924    38.05183
2020.3     3.71195     3.49463    -4.93260    -8.14268
2020.4     2.51476     2.51932     3.41331     0.87202
2021.1     5.43335     5.03393    -0.54362    -5.31023
2021.2     6.03390     5.67188     9.46948     3.59376
2021.3     6.37085     6.69475     4.27581    -2.26715
2021.4     7.00006     8.14646     3.62779    -4.17829
2022.1     8.32498     8.41506     0.54907    -7.25544
2022.2     9.39349     9.87359     1.93574    -7.22452
2022.3     4.55542     4.57404     8.01136     3.28697
2022.4     4.01991     3.79451     0.40936    -3.26139
2023.1     3.68307     3.57841     4.00146     0.40844
2023.2     2.20216     2.29553     4.98591     2.63001
2023.3     3.20636     3.27563     4.95373     1.62488
2023.4     2.12225     2.23692     4.69941     2.40861
2024.1     3.24130     2.93181     5.30827     2.30877
2024.2     2.54773     2.60374     4.70596     2.04888
2024.3     1.46972     1.36844     3.84999     2.44805
2024.4     2.49684     2.11438     4.86437     2.69305
2025.1     3.14917     3.61265     4.84278     1.18724
2025.2     2.10444     1.16807     2.76444     1.57794
2025.3     3.37301     3.43112     4.30989     0.84962
2025.4     3.45366     2.99811     4.51141     1.46925
2026.1     3.18895     3.89074     5.22631     1.28555
2026.2     6.13554     6.47119     3.71339    -2.59019
2026.3     2.16360     2.30869     2.57343     0.25876

2026.4     3.45396     3.45842     5.32150     1.80081
2027.1     3.54992     3.58239     5.41843     1.77253
2027.2     3.32757     3.31947     5.14522     1.76710
2027.3     3.44864     3.36096     5.16541     1.74577
2027.4     3.38955     3.24684     5.03730     1.73416
2028.1     3.20803     3.05398     4.83490     1.72814
2028.2     2.98883     2.84127     4.61474     1.72447
2028.3     2.77899     2.64211     4.40880     1.72122
2028.4     2.59867     2.47153     4.23140     1.71743
2029.1     2.45191     2.33347     4.08621     1.71277
2029.2     2.33698     2.22613     3.97135     1.70721
2029.3     2.24952     2.14524     3.88264     1.70091
2029.4     2.18437     2.08601     3.81538     1.69404
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@ Interest Rates and Money                                                    
@                                                                             
PRINTVAR FIXEDF LEVELS RS RB RM M1 PCM1 ;                                     
 
          RS          RB          RM          M1          PCM1    
         Level       Level       Level       Level       Level  
2019.1     2.38667     3.83000     4.36667  4213.76500    -3.97945
2019.2     2.30000     3.59333     4.00333  4313.10400     9.76869
2019.3     1.98000     3.10000     3.66667  4437.18600    12.01362
2019.4     1.57667     3.02667     3.70333  4528.07800     8.44888
2020.1     1.11000     2.91333     3.51333  5362.08100    96.64272
2020.2     0.14333     2.45667     3.23333  6092.15900    66.62933
2020.3     0.11333     2.23333     2.95000  6316.54500    15.56690
2020.4     0.09333     2.30333     2.76000  7491.12400    97.81971
2021.1     0.05000     2.73000     2.87667  8011.44400    30.81431
2021.2     0.02667     2.88333     3.00000  8426.00500    22.36118
2021.3     0.04667     2.55000     2.87000  8804.18900    19.19844
2021.4     0.05333     2.64667     3.08000  9035.69200    10.94002
2022.1     0.30667     3.20333     3.79333  9285.18500    11.51071
2022.2     1.07667     4.04333     5.24333  9522.69600    10.63115
2022.3     2.66333     4.24000     5.58000  9609.43700     3.69363
2022.4     4.04000     4.81000     6.69000  9408.41600    -8.10873
2023.1     4.62667     4.52000     6.35667  9390.78400    -0.74752
2023.2     5.07333     4.59667     6.49333  9331.48000    -2.50222
2023.3     5.29000     4.91333     7.03667  9172.02400    -6.66197
2023.4     5.28333     5.21000     7.29333  9162.75900    -0.40344
2024.1     5.23333     4.97000     6.74667  9490.13500    15.07593
2024.2     5.24333     5.22000     6.99000  9432.80100    -2.39476
2024.3     4.99000     4.89000     6.51000  9574.46600     6.14403
2024.4     4.40000     5.09667     6.65333  9735.03100     6.87869
2025.1     4.21000     5.35667     6.81667  9977.05700    10.32158
2025.2     4.23000     5.48333     6.79000 10199.55900     9.22342
2025.3     4.09667     5.33667     6.55333 10259.80200     2.38359
2025.4     3.73000     5.23333     6.22667 11274.49200    45.82501
2026.1     3.59333     5.37333     6.11000 11554.01200    10.29183
2026.2     3.62333     5.50000     6.42000 11885.05700    11.96282
2026.3     3.79667     5.89000     6.69000 12059.45650     6.00000

2026.4     4.13221     6.08469     6.87010 12219.16002     5.40336
2027.1     4.43317     6.22890     7.06324 12381.31520     5.41483
2027.2     4.61741     6.33695     7.21837 12537.73458     5.14997
2027.3     4.72181     6.42465     7.33710 12698.44867     5.22681
2027.4     4.77213     6.49658     7.42694 12859.18673     5.16018
2028.1     4.77458     6.55134     7.48879 13017.20757     5.00677
2028.2     4.74004     6.59013     7.52514 13171.77386     4.83487
2028.3     4.68336     6.61615     7.54145 13323.23768     4.67960
2028.4     4.61513     6.63195     7.54272 13472.42991     4.55496
2029.1     4.54076     6.63903     7.53224 13620.29585     4.46299
2029.2     4.46347     6.63858     7.51234 13767.74285     4.40104
2029.3     4.38561     6.63171     7.48498 13915.56126     4.36429
2029.4     4.30871     6.61939     7.45180 14064.40199     4.34753
@                                                                             
@ Unemployment Rate and Unemployment                                          
@                                                                             
PRINTVAR FIXEDF LEVELS UR100 U;                                               
 
          UR100       U       
         Level       Level  
2019.1     3.87285     6.36061
2019.2     3.67529     6.03360
2019.3     3.64135     6.01590
2019.4     3.59336     5.96453
2020.1     3.86205     6.40483
2020.2    13.02858    20.86567
2020.3     8.83991    14.36140
2020.4     6.77922    11.04918
2021.1     6.28991    10.23458
2021.2     5.94426     9.71736
2021.3     5.12358     8.40911
2021.4     4.24204     6.99281
2022.1     3.88705     6.41949
2022.2     3.69461     6.10800
2022.3     3.58283     5.93651
2022.4     3.62431     6.01507
2023.1     3.56298     5.94302
2023.2     3.59400     6.01232
2023.3     3.71059     6.23408
2023.4     3.81672     6.41891
2024.1     3.86388     6.50698
2024.2     4.01959     6.78207
2024.3     4.20790     7.12566
2024.4     4.20274     7.11202
2025.1     4.16299     7.04724
2025.2     4.23240     7.16531
2025.3     4.38548     7.43011
2025.4     4.50946     7.66860
2026.1     4.33982     7.39267
2026.2     4.27418     7.25800
2026.3     4.13567     7.01867

2026.4     3.97499     6.74964
2027.1     3.83072     6.51082
2027.2     3.72631     6.34139
2027.3     3.69745     6.30150
2027.4     3.73489     6.37536
2028.1     3.81601     6.52443
2028.2     3.91968     6.71268
2028.3     4.03133     6.91521
2028.4     4.14192     7.11652
2029.1     4.24651     7.30811
2029.2     4.34299     7.48632
2029.3     4.43097     7.65046
2029.4     4.51097     7.80141
@                                                                             
@ Labor Force and Employment                                                  
@                                                                             
PRINTVAR FIXEDF PCHANGES L1 L2 L3 LM JF E;                                    
 
          L1          L2          L3          LM          JF          E       
        %Change     %Change     %Change     %Change     %Change     %Change 
2019.1     2.30125     0.28930     1.88745   -14.18635     0.83055     1.47181
2019.2    -1.66995    -0.20671     1.30545    14.28736     1.11562     0.64791
2019.3     0.48835     1.96380     4.99234   -28.27769     1.49480     2.68751
2019.4     1.36465     4.23927     0.47421   -22.07798     1.08602     2.07802
2020.1    -0.20449    -0.20364    -0.60979   -40.22876    -3.73041    -1.44831
2020.2    -8.71624   -11.52666   -18.17286   257.31449   -40.15406   -41.55628
2020.3     3.00306     2.89271    11.23356   -44.90714    26.68802    27.54871
2020.4     0.22933     0.38127     3.09413   -75.41105     7.05595    10.69299
2021.1    -0.00128     1.31959    -2.84136    81.89871     3.31168     1.42599
2021.2     1.86222     1.23625     2.39134    61.70513     5.00820     3.36434
2021.3     1.73046     1.44370     1.60145    23.65989     6.22232     5.15895
2021.4     0.61953     2.32929     2.28026    -8.86482     5.99053     5.52293
2022.1     0.16867     2.44542    -0.19757    51.37432     4.16885     2.19239
2022.2     0.45282     1.42359    -0.56256    61.30576     3.22086     1.16897
2022.3     0.05315     1.89889     0.84154    59.52063     3.29646     1.35140
2022.4     0.48972    -0.84393     2.00640    35.78508     2.07675     0.46176
2023.1     1.10223     1.88371     2.88990   -11.89064     1.30809     2.23739
2023.2     1.40090     3.66572    -1.10117    14.26245     1.39393     1.02206
2023.3     1.49791     0.27227     3.15635     6.15955     1.24219     1.23745
2023.4    -0.32966     0.32054     1.13678    36.19880     1.36851    -0.04383
2024.1     1.02704     3.22308    -2.12912    24.31336     1.25304     0.32135
2024.2     0.60492     2.30758    -0.39913    13.86704     0.65796     0.10317
2024.3     1.74301     1.97709     0.78596    -3.19931     0.23995     0.68058
2024.4    -1.44612    -1.31385     1.75709    12.46313     0.27448    -0.24176
2025.1     0.83142     0.74230    -1.00794     2.65198     0.35695     0.30228
2025.2     1.05599     0.51038    -1.31541    11.30030     0.38062    -0.25377
2025.3     0.97221     1.09477    -0.98686    10.18650     0.33766    -0.33216
2025.4     0.69164     2.01915     1.78945   -15.12112     0.41187     0.96322
2026.1    -1.11154     0.58549     2.47081   -22.53909    -0.05035     1.38828
2026.2     0.16355    -2.00995    -1.89802    30.01759     0.64569    -0.97051
2026.3    -0.96526    -0.18282     0.42174     5.07970     0.72977     0.34219

2026.4     0.14638    -0.21751     0.64856    -1.39867     1.13261     0.88458
2027.1     0.23052     0.05997     0.77913    -0.36588     1.29938     0.97577
2027.2     0.30047     0.27558     0.88547     0.34788     1.30221     0.93695
2027.3     0.34942     0.41258     0.94775     0.56653     1.06077     0.70355
2027.4     0.38183     0.49004     0.97402     0.38854     0.79632     0.47262
2028.1     0.40285     0.52875     0.97543    -0.01743     0.59258     0.31112
2028.2     0.41715     0.54630     0.96273    -0.50786     0.46312     0.22311
2028.3     0.42796     0.55437     0.94359    -0.99183     0.39246     0.18888
2028.4     0.43733     0.55995     0.92301    -1.41965     0.36423     0.19028
2029.1     0.44640     0.56666     0.90387    -1.77010     0.36430     0.21293
2029.2     0.45572     0.57596     0.88758    -2.03982     0.38156     0.24634
2029.3     0.46544     0.58801     0.87461    -2.23530     0.40808     0.28359
2029.4     0.47553     0.60235     0.86490    -2.36714     0.43887     0.32076
@                                                                             
@ Profits and Productivity                                                    
@                                                                             
PRINTVAR FIXEDF LEVELS PCHANGES PIEF PROD100 ;                                
 
          PIEF        PIEF        PROD100     PROD100 
         Level      %Change      Level      %Change 
2019.1   304.98200   -23.73970     7.59397   -99.00000
2019.2   305.95000     1.27564     7.62914     1.86555
2019.3   319.10100    18.33435     7.69458     3.47527
2019.4   337.41700    25.01300     7.75971     3.42900
2020.1   312.75100   -26.18800     7.75300    -0.34564
2020.2   301.86700   -13.21039     8.20674    25.54673
2020.3   478.99400   533.95399     8.26825     3.03156
2020.4   448.11100   -23.40117     8.18409    -4.00977
2021.1   525.27013    88.79409     8.24950     3.23565
2021.2   607.98400    79.48898     8.27589     1.28568
2021.3   600.65531    -4.73515     8.21964    -2.69101
2021.4   596.32800    -2.85074     8.24121     1.05378
2022.1   603.26400     4.73428     8.16008    -3.87989
2022.2   655.33300    39.25747     8.11926    -1.98633
2022.3   624.01100   -17.79072     8.12482     0.27436
2022.4   598.50400   -15.37489     8.17704     2.59575
2023.1   648.96000    38.23038     8.21818     2.02769
2023.2   677.36158    18.68901     8.26601     2.34825
2023.3   685.34100     4.79598     8.34593     3.92393
2023.4   702.66400    10.50043     8.41851     3.52430
2024.1   686.77121    -8.74482     8.43589     0.82839
2024.2   740.65200    35.27218     8.50423     3.27996
2024.3   712.57100   -14.32467     8.56210     2.74969
2024.4   710.25307    -1.29483     8.60989     2.25178
2025.1   688.82200   -11.53417     8.60377    -0.28399
2025.2   699.92300     6.60388     8.70398     4.74082
2025.3   745.31300    28.57417     8.79036     4.02905
2025.4   746.09900     0.42250     8.81670     1.20400
2026.1   813.49500    41.32979     8.84116     1.11443
2026.2   897.12800    47.91019     8.88355     1.93149
2026.3   940.92719    21.00586     8.94138     2.62956

2026.4   923.71320    -7.11950     8.99701     2.51203
2027.1   953.87117    13.71304     9.04347     2.08156
2027.2   979.48570    11.18175     9.08398     1.80375
2027.3   991.81253     5.12983     9.11621     1.42674
2027.4  1004.60973     5.26189     9.14827     1.41438
2028.1  1019.77123     6.17481     9.18299     1.52658
2028.2  1038.16391     7.41197     9.22058     1.64761
2028.3  1058.07003     7.89317     9.26028     1.73351
2028.4  1079.22994     8.24262     9.30137     1.78680
2029.1  1101.34883     8.45352     9.34328     1.81430
2029.2  1124.16518     8.54778     9.38558     1.82324
2029.3  1147.45704     8.54885     9.42800     1.82022
2029.4  1171.12827     8.51059     9.47039     1.81080
@                                                                             
@ Some other endogenous variables                                             
@                                                                             
PRINTVAR FIXEDF LEVELS CG SRZ100 SR SGP SSP;                                  
 
          CG          SRZ100      SR          SGP         SSP     
         Level       Level       Level       Level       Level  
2019.1  4264.87300     8.48112   118.67000  -258.92500   -50.17500
2019.2  1269.75000     7.55440   120.29700  -263.87500   -40.37500
2019.3   170.68900     7.09957   112.61200  -266.17500   -54.75000
2019.4  2465.95500     6.93390   102.53300  -254.82500   -62.00000
2020.1 -7756.55000     9.17227    97.86900  -268.87500   -64.32500
2020.2  5659.32500    25.03537   128.42800 -1339.20000    96.32500
2020.3  3442.55000    15.44203   162.73400  -844.15000   -47.27500
2020.4  6354.88500    12.51913   181.66400  -496.17500   -32.27500
2021.1  3226.44100    20.50580   199.18000 -1052.00000   -34.72500
2021.2  3950.11100    10.57252   212.84900  -846.47500   192.92500
2021.3   997.18900     8.96432   230.13700  -566.30000    39.22500
2021.4  2917.66700     7.12087   233.05400  -388.55000    25.70000
2022.1 -2849.66700     4.00202   270.67300  -230.62500    42.65000
2022.2 -8269.06200     2.60061   254.58300  -238.52500    41.50000
2022.3 -2629.70300     3.53172   221.91900  -258.35000     8.70000
2022.4  1713.93300     4.09445   235.61900  -301.05000   -18.70000
2023.1  2600.94800     5.77455   227.35400  -412.15000   -18.62500
2023.2  2649.02700     6.50369   229.85300  -423.52500   -27.17500
2023.3 -1881.27600     6.37557   232.95200  -423.82500   -48.52500
2023.4  4482.49200     6.58791   258.66700  -436.50000   -34.87500
2024.1  3551.84300     7.15384   266.83300  -457.92500   -33.87500
2024.2   828.23000     6.85675   287.22300  -461.90000   -42.37500
2024.3  3546.48100     6.24833   336.54400  -495.42500   -33.52500
2024.4   649.91700     5.70322   300.33000  -486.87500   -34.15000
2025.1 -1222.14600     5.87741   360.22000  -472.15000   -45.22500
2025.2  4996.55600     6.01454   290.36900  -459.45000   -45.80000
2025.3  4886.60600     5.39441   266.18200  -434.97500   -60.67500
2025.4  1942.98600     5.08091   249.79200  -411.35000   -59.85000
2026.1 -1084.41700     5.51522   266.37500  -432.75000   -66.27500
2026.2 10968.26400     4.55210   272.96300  -424.77500   -83.47500
2026.3  1520.00000     4.21307   358.65000  -458.77728   -88.03042

2026.4   924.00582     4.29243   355.00969  -483.13663   -88.77902
2027.1   936.74818     4.48366   352.27979  -503.47622   -88.83111
2027.2   949.95010     4.69290   352.76015  -524.83862   -89.14301
2027.3   962.72679     4.85534   354.45194  -539.22338   -90.35268
2027.4   975.77439     4.97676   356.31758  -554.60713   -91.67126
2028.1   988.72654     5.07012   358.25938  -569.98738   -92.81170
2028.2  1001.38258     5.14484   360.29349  -584.75692   -93.62780
2028.3  1013.67675     5.20478   362.51084  -598.68958   -94.13505
2028.4  1025.62451     5.25323   364.92845  -611.66782   -94.33886
2029.1  1037.28150     5.29219   367.55027  -623.67653   -94.26473
2029.2  1048.71730     5.32277   370.37020  -634.75638   -93.94418
2029.3  1060.00088     5.34552   373.37611  -644.97386   -93.40806
2029.4  1071.19373     5.36082   376.54906  -654.39372   -92.68056
@                                                                             
@ Selected exogenous variables                                                
@                                                                             
PRINTVAR FIXEDF PCHANGES COG COS EX TRGH PIM ;                                
 
          COG         COS         EX          TRGH        PIM     
        %Change     %Change     %Change     %Change     %Change 
2019.1     9.62298    17.20753     3.80516    15.25828    -4.60688
2019.2     0.04368    14.91553    -2.02087     3.66165     1.99441
2019.3     6.43733     7.27367     0.09750     2.99591    -4.20477
2019.4     2.86751     5.49828     2.45840     2.29531    -1.13558
2020.1     5.13275    16.48230   -13.94302    11.36920    -1.29990
2020.2    47.09008    25.29849   -60.97492   499.00110   -12.51911
2020.3   -18.72973   -12.43471    58.25714   -71.55918     8.90541
2020.4     2.35882     1.29807    26.16936   -19.07646     3.00340
2021.1    25.35265    -0.41472     1.07459   899.06739    11.92971
2021.2   -11.23540    -4.69664     3.89846   -82.38588    12.31157
2021.3   -10.88158    -4.42743     0.14104    -6.50163     6.67217
2021.4     5.91037    -6.88033    24.56770     1.47164     6.82026
2022.1   -11.21425    -5.14046    -3.65048     2.30330    13.16859
2022.2    -2.62493    -4.48832    13.04749     1.67931    10.80263
2022.3    -2.11805     2.78197    15.24566    -0.17697    -3.86346
2022.4    13.01621     4.80355    -3.45143     7.96840    -4.40649
2023.1     6.30957    11.73002     3.26517    -2.06938    -2.43058
2023.2     1.14833    14.36778    -4.50906     2.03122    -4.73342
2023.3     8.26491     9.81282     4.87063     5.33191     1.35644
2023.4     4.22808    11.30395     6.23947     6.25290    -0.13347
2024.1     2.69708     5.81582     2.79166    13.86344     1.67195
2024.2     4.97855     6.17415     3.07160     7.24976     1.99780
2024.3     7.14697     9.32362     6.93571     6.25092     1.41894
2024.4     3.54163     6.52479    -0.30056     6.32047    -0.69058
2025.1    -7.40837     5.35448     2.49219    11.89271     0.67102
2025.2     5.77307     7.50803    -2.03435    13.82030    -1.02078
2025.3     2.59150     4.56454     9.44724    -0.54094     0.66897
2025.4    -6.32909     1.22886    -4.18259     4.61209     1.98125
2026.1     2.54217     2.95911    13.89909     6.32794     7.11567
2026.2    -2.83980     2.44338     5.04190     3.49117    16.52836
2026.3    21.74169     0.13760    -5.74147     6.28923     6.67776

2026.4     1.00000     1.00000     2.00000     5.52304     2.00000
2027.1     1.00000     1.00000     2.00000     5.62092     2.00000
2027.2     1.00000     1.00000     2.00000     5.39412     2.00000
2027.3     1.00000     1.00000     2.00000     5.51762     2.00000
2027.4     1.00000     1.00000     2.00000     5.45734     2.00000
2028.1     1.00000     1.00000     2.00000     5.27219     2.00000
2028.2     1.00000     1.00000     2.00000     5.04860     2.00000
2028.3     1.00000     1.00000     2.00000     4.83457     2.00000
2028.4     1.00000     1.00000     2.00000     4.65064     2.00000
2029.1     1.00000     1.00000     2.00000     4.50094     2.00000
2029.2     1.00000     1.00000     2.00000     4.38372     2.00000
2029.3     1.00000     1.00000     2.00000     4.29451     2.00000
2029.4     1.00000     1.00000     2.00000     4.22806     2.00000
@                                                                             
@ Federal Government Budget                                                   
@                                                                             
PRINTVAR FIXEDF LEVELS THG TCG IBTG CUST SIG TRFG ;                           
 
          THG         TCG         IBTG        CUST        SIG         TRFG    
         Level       Level       Level       Level       Level       Level  
2019.1   420.47500    49.35000    26.90000    18.92500   349.00000     8.12500
2019.2   421.67500    51.40000    26.92500    17.50000   350.87500     8.75000
2019.3   424.95000    51.72500    26.30000    19.97500   352.57500    12.75000
2019.4   434.05000    57.97500    25.35000    21.35000   357.05000     8.00000
2020.1   438.75000    48.12500    27.90000    19.87500   363.30000     8.47500
2020.2   405.45000    49.92500    19.90000    13.85000   345.90000     9.02500
2020.3   434.17500    64.42500    21.90000    16.60000   358.22500    10.35000
2020.4   462.57500    62.75000    22.47500    18.30000   367.42500    11.12500
2021.1   498.67500    70.30000    21.62500    20.45000   371.47500     9.72500
2021.2   523.92500    85.40000    24.80000    22.05000   380.27500     9.65000
2021.3   544.50000    87.35000    26.20000    22.20000   389.65000     9.77500
2021.4   561.20000    92.45000    27.87500    24.40000   400.67500    10.15000
2022.1   649.00000    94.17500    28.65000    27.17500   411.92500    10.20000
2022.2   649.60000   104.60000    29.35000    27.12500   417.25000    13.00000
2022.3   655.77500   104.35000    29.02500    25.27500   428.12500    10.60000
2022.4   649.57500   108.57500    28.82500    22.77500   431.17500    12.82500
2023.1   566.15000   106.20000    27.85000    21.42500   436.70000    10.70000
2023.2   565.92500   106.47500    27.00000    20.57500   442.95000    10.55000
2023.3   571.05000   110.27500    26.92500    19.72500   450.02500    11.95000
2023.4   576.27500   113.52500    26.62500    19.92500   454.97500    11.32500
2024.1   585.65000   113.32500    27.15000    20.12500   464.40000    13.02500
2024.2   597.77500   117.95000    27.42500    19.92500   469.45000    15.45000
2024.3   612.15000   117.72500    28.05000    21.27500   473.15000    14.12500
2024.4   628.60000   123.05000    28.15000    22.27500   477.25000    18.45000
2025.1   661.00000   103.77500    28.25000    25.92500   484.37500    15.45000
2025.2   673.80000   107.27500    29.00000    67.65000   487.07500    15.12500
2025.3   685.25000   115.45000    29.65000    83.45000   491.02500    16.22500
2025.4   691.47500   119.75000    30.02500    91.67500   495.35000    15.17500
2026.1   680.05000   129.80000    30.45000    81.55000   509.75000    14.80000
2026.2   682.87500   155.92500    30.37500    76.60000   515.45000    12.52500
2026.3   686.35000   160.57272    30.40000    68.82500   519.52500    12.27500

2026.4   698.05250   159.26378    30.47572    60.00000   528.17065    12.27500
2027.1   710.37940   163.00042    30.55162    50.00000   537.18478    12.27500
2027.2   722.38963   166.22615    30.62772    40.00000   545.79512    12.27500
2027.3   733.97703   168.06442    30.70400    40.00000   553.84720    12.27500
2027.4   745.02699   169.94807    30.78047    40.00000   561.31649    12.27500
2028.1   755.59323   172.05895    30.85714    40.00000   568.33283    12.27500
2028.2   765.77088   174.48249    30.93399    40.00000   575.03005    12.27500
2028.3   775.63492   177.03708    31.01104    40.00000   581.51314    12.27500
2028.4   785.26946   179.69914    31.08828    40.00000   587.86998    12.27500
2029.1   794.74884   182.44217    31.16571    40.00000   594.17013    12.27500
2029.2   804.13296   185.24311    31.24333    40.00000   600.46472    12.27500
2029.3   813.46748   188.08253    31.32115    40.00000   606.78967    12.27500
2029.4   822.78718   190.95363    31.39916    40.00000   613.17025    12.27500
PRINTVAR FIXEDF LEVELS DG PUG TRGH TRGR TRGS INTG ;                           
 
          DG          PUG         TRGH        TRGR        TRGS        INTG    
         Level       Level       Level       Level       Level       Level  
2019.1   -16.00000   350.80000   561.95000    10.57500   147.80000   135.85000
2019.2   -18.77500   352.00000   567.02500     9.57500   152.67500   137.32500
2019.3   -13.40000   356.72500   571.22500     9.70000   152.20000   134.95000
2019.4   -15.65000   359.97500   574.47500    11.07500   156.25000   131.20000
2020.1   -18.90000   365.07500   590.15000    12.00000   158.80000   126.82500
2020.2   -20.82500   391.92500   923.25000    15.85000   347.32500   123.02500
2020.3   -25.42500   382.17500   674.22500    16.37500   184.15000   121.32500
2020.4   -21.90000   385.40000   639.47500    12.17500   188.40000   123.57500
2021.1   -19.92500   403.97500  1136.90000    15.47500   194.47500   127.42500
2021.2   -25.97500   399.82500   736.52500    12.77500   412.02500   134.25000
2021.3   -30.92500   395.90000   724.25000    18.85000   271.37500   141.45000
2021.4   -32.37500   404.22500   726.90000    12.30000   232.25000   147.30000
2022.1   -24.60000   401.80000   731.05000    14.90000   232.82500   153.42500
2022.2   -18.12500   405.82500   734.10000    17.10000   241.02500   165.50000
2022.3   -11.65000   409.62500   733.77500    27.25000   237.50000   182.22500
2022.4    -5.20000   422.10000   747.97500    24.57500   236.92500   199.85000
2023.1    -0.02500   431.60000   744.07500    22.67500   245.22500   209.77500
2023.2    -0.02500   435.20000   747.82500    21.82500   246.60000   217.62500
2023.3    -0.02500   446.22500   757.60000    21.50000   225.80000   234.02500
2023.4    -0.02500   453.02500   769.17500    12.27500   233.50000   245.30000
2024.1    -0.02500   459.87500   794.55000    14.37500   234.35000   252.70000
2024.2    -0.02500   467.77500   808.57500    13.70000   236.02500   259.67500
2024.3    -0.02500   476.62500   820.92500    28.70000   242.25000   271.30000
2024.4    -0.02500   482.77500   833.60000    22.97500   246.40000   276.92500
2025.1    -0.02500   479.10000   857.35000    13.02500   237.55000   278.92500
2025.2    -0.02500   486.40000   885.55000    11.82500   246.05000   285.50000
2025.3    -0.02500   491.45000   884.35000    10.50000   250.02500   295.02500
2025.4    -0.90000   485.87500   894.37500     9.27500   246.42500   300.45000
2026.1    -1.47500   490.45000   908.20000     9.80000   246.82500   295.55000
2026.2    -2.90000   492.12500   916.02500     7.80000   256.57500   300.97500
2026.3    -4.10000   514.77500   930.10000    10.27500   255.95000   312.87500

2026.4    -4.10000   520.45599   942.68471    10.27500   258.13204   327.80055
2027.1    -4.10000   526.30872   955.66119    10.27500   260.39303   343.59640
2027.2    -4.10000   531.91500   968.29578    10.27500   262.53270   359.84131
2027.3    -4.10000   537.60943   981.38471    10.27500   264.76746   376.15443
2027.4    -4.10000   543.22651   994.50848    10.27500   266.98310   392.45042
2028.1    -4.10000   548.67180  1007.36510    10.27500   269.09903   408.53008
2028.2    -4.10000   553.91558  1019.84571    10.27500   271.08760   424.25309
2028.3    -4.10000   558.96676  1031.95462    10.27500   272.95166   439.37651
2028.4    -4.10000   563.85362  1043.74899    10.27500   274.70791   453.83678
2029.1    -4.10000   568.61055  1055.30045    10.27500   276.37654   467.61948
2029.2    -4.10000   573.27125  1066.68041    10.27500   277.97730   480.73781
2029.3    -4.10000   577.86549  1077.95263    10.27500   279.52757   493.21781
2029.4    -4.10000   582.41824  1089.17042    10.27500   281.04170   505.09174
PRINTVAR FIXEDF LEVELS IGZ;                                                   
 
          IGZ     
         Level  
2019.1    83.52500
2019.2    80.02500
2019.3    83.40000
2019.4    85.32500
2020.1    87.32500
2020.2    91.42500
2020.3    92.70000
2020.4    94.40000
2021.1    92.55000
2021.2    93.87500
2021.3    95.85000
2021.4    98.60000
2022.1    99.85000
2022.2   102.65000
2022.3   101.70000
2022.4   105.27500
2023.1   105.80000
2023.2   106.47500
2023.3   106.62500
2023.4   108.17500
2024.1   107.40000
2024.2   108.65000
2024.3   110.15000
2024.4   110.80000
2025.1   110.67500
2025.2   115.02500
2025.3   116.00000
2025.4   115.77500
2026.1   115.92500
2026.2   117.20000
2026.3   122.22500

2026.4   123.57402
2027.1   124.96689
2027.2   126.30756
2027.3   127.70000
2027.4   129.08934
2028.1   130.43649
2028.2   131.72766
2028.3   132.96379
2028.4   134.15262
2029.1   135.30365
2029.2   136.42628
2029.3   137.52881
2029.4   138.61816
@                                                                             
@ State and Local Government Budget                                           
@                                                                             
PRINTVAR FIXEDF LEVELS THS TCS IBTS SIS TRGS DS;                              
 
          THS         TCS         IBTS        SIS         TRGS        DS      
         Level       Level       Level       Level       Level       Level  
2019.1   118.37500    17.95000   336.32500     5.20000   147.80000    -1.62500
2019.2   132.75000    19.20000   340.70000     5.20000   152.67500    -1.62500
2019.3   123.90000    18.52500   347.10000     5.15000   152.20000    -1.57500
2019.4   122.52500    17.57500   346.20000     5.12500   156.25000    -1.67500
2020.1   124.22500    15.87500   345.65000     5.07500   158.80000    -1.57500
2020.2   122.57500    17.12500   324.62500     4.82500   347.32500    -1.57500
2020.3   128.47500    20.40000   350.40000     4.97500   184.15000    -1.47500
2020.4   132.02500    19.55000   356.15000     5.15000   188.40000    -1.60000
2021.1   138.10000    20.25000   362.90000     5.30000   194.47500    -1.62500
2021.2   144.10000    25.35000   384.45000     5.50000   412.02500    -1.57500
2021.3   142.17500    31.75000   387.45000     5.67500   271.37500    -1.55000
2021.4   148.72500    43.92500   398.27500     5.80000   232.25000    -1.62500
2022.1   166.27500    45.97500   403.87500     5.87500   232.82500    -1.75000
2022.2   174.17500    41.62500   413.92500     5.85000   241.02500    -1.62500
2022.3   149.27500    42.67500   417.50000     5.80000   237.50000    -1.55000
2022.4   148.35000    44.10000   417.35000     5.60000   236.92500    -1.62500
2023.1   139.90000    42.72500   420.45000     5.37500   245.22500    -1.77500
2023.2   136.45000    43.40000   422.55000     5.32500   246.60000    -1.80000
2023.3   138.80000    43.07500   427.67500     5.45000   225.80000    -1.65000
2023.4   139.40000    42.55000   435.15000     5.75000   233.50000    -1.70000
2024.1   138.30000    42.55000   443.20000     6.20000   234.35000    -1.75000
2024.2   140.32500    44.10000   450.90000     6.60000   236.02500    -1.72500
2024.3   145.87500    45.00000   455.57500     6.90000   242.25000    -1.67500
2024.4   149.30000    43.02500   460.12500     7.07500   246.40000    -1.70000
2025.1   152.00000    44.40000   463.70000     7.17500   237.55000    -1.82500
2025.2   155.87500    43.27500   467.02500     7.25000   246.05000    -1.72500
2025.3   158.40000    43.07500   471.70000     7.30000   250.02500    -1.70000
2025.4   163.77500    46.32500   475.47500     7.35000   246.42500    -1.67500
2026.1   162.90000    47.22500   480.10000     7.67500   246.82500    -1.67500
2026.2   168.72500    47.62500   486.37500     7.85000   256.57500    -1.60000
2026.3   167.85000    49.04458   491.07500     7.95000   255.95000    -1.57500

2026.4   170.71190    48.48665   497.10159     7.99120   258.13204    -1.57500
2027.1   173.72650    49.46411   503.20213     8.03266   260.39303    -1.57500
2027.2   176.66366    50.29430   509.37755     8.07440   262.53270    -1.57500
2027.3   179.49741    50.69383   515.62875     8.11641   264.76746    -1.57500
2027.4   182.19972    51.10860   521.95667     8.15870   266.98310    -1.57500
2028.1   184.78374    51.60000   528.36224     8.20127   269.09903    -1.57500
2028.2   187.27274    52.19612   534.84643     8.24411   271.08760    -1.57500
2028.3   189.68503    52.84130   541.41019     8.28724   272.95166    -1.57500
2028.4   192.04120    53.52712   548.05450     8.33065   274.70791    -1.57500
2029.1   194.35943    54.24401   554.78035     8.37435   276.37654    -1.57500
2029.2   196.65436    54.98352   561.58875     8.41833   277.97730    -1.57500
2029.3   198.93716    55.73843   568.48069     8.46260   279.52757    -1.57500
2029.4   201.21633    56.50564   575.45722     8.50717   281.04170    -1.57500
PRINTVAR FIXEDF LEVELS PUS TRSH UB INTS SUBS ISZ;                             
 
          PUS         TRSH        UB          INTS        SUBS        ISZ     
         Level       Level       Level       Level       Level       Level  
2019.1   574.95000   164.17500     7.40000    55.95000     3.75000   107.50000
2019.2   588.30000   168.47500     6.82500    57.32500     4.07500   111.72500
2019.3   597.00000   170.77500     6.60000    57.60000     3.67500   111.80000
2019.4   606.27500   170.57500     6.67500    56.80000     2.60000   110.70000
2020.1   620.45000   167.52500     9.80000    54.92500     1.47500   114.42500
2020.2   613.50000   179.87500   237.45000    53.57500     1.85000   112.47500
2020.3   618.30000   189.27500   200.25000    53.10000     3.32500   112.15000
2020.4   622.30000   186.42500    80.50000    53.15000     2.27500   114.10000
2021.1   637.15000   190.22500   146.75000    53.75000     5.12500   113.52500
2021.2   648.80000   198.10000   109.27500    53.15000     7.52500   112.62500
2021.3   663.00000   208.57500    50.57500    51.25000     5.20000   112.25000
2021.4   670.67500   209.77500     7.62500    48.17500     4.57500   113.07500
2022.1   682.87500   215.72500     6.12500    43.87500     3.92500   116.97500
2022.2   705.25000   224.22500     5.50000    40.87500     4.87500   119.37500
2022.3   712.40000   228.15000     5.85000    39.22500     6.35000   123.10000
2022.4   723.47500   243.67500     6.47500    39.15000     8.55000   124.97500
2023.1   734.97500   235.80000     7.47500    40.95000    10.17500   129.72500
2023.2   744.22500   241.82500     8.15000    40.65000    11.20000   135.90000
2023.3   764.80000   234.37500     8.62500    38.90000    11.50000   139.55000
2023.4   779.67500   231.77500     8.80000    35.20000    11.15000   145.72500
2024.1   794.80000   244.25000     8.85000    29.70000    10.62500   148.50000
2024.2   805.47500   250.10000     9.00000    25.37500    10.40000   150.30000
2024.3   818.10000   254.97500     9.17500    22.10000    10.40000   154.20000
2024.4   828.45000   258.07500     9.20000    20.00000    10.77500   156.00000
2025.1   839.45000   258.22500     9.07500    19.15000    11.67500   156.35000
2025.2   846.85000   270.15000     9.22500    18.50000    12.50000   159.17500
2025.3   859.57500   284.85000     9.30000    18.02500    13.32500   161.72500
2025.4   866.45000   287.32500     9.25000    18.05000    13.92500   163.92500
2026.1   880.50000   286.55000     8.80000    18.47500    14.80000   166.60000
2026.2   914.52500   294.10000     8.55000    18.42500    15.22500   168.87500
2026.3   928.37500   294.35000     8.37500    18.20000    15.62500   171.20000

2026.4   937.00077   298.33270     9.00000    19.21035    15.62500   173.51642
2027.1   945.91041   302.43938     9.00000    21.02970    15.62500   175.90495
2027.2   954.32726   306.43787     9.00000    23.37604    15.62500   178.23055
2027.3   962.86964   310.58014     9.00000    26.07153    15.62500   180.63978
2027.4   971.22741   314.73344     9.00000    28.99762    15.62500   183.05543
2028.1   979.22905   318.80219     9.00000    32.07364    15.62500   185.42190
2028.2   986.82277   322.75194     9.00000    35.24424    15.62500   187.71915
2028.3   994.02774   326.58407     9.00000    38.47166    15.62500   189.94800
2028.4  1000.89788   330.31665     9.00000    41.72965    15.62500   192.11894
2029.1  1007.49790   333.97236     9.00000    44.99933    15.62500   194.24517
2029.2  1013.89070   337.57379     9.00000    48.26678    15.62500   196.33984
2029.3  1020.13164   341.14112     9.00000    51.52142    15.62500   198.41468
2029.4  1026.26689   344.69123     9.00000    54.75499    15.62500   200.47949
@                                                                             
@ Financial Saving of the Six Sectors                                         
@                                                                             
PRINTVAR FIXEDF LEVELS SH SF SB SR SG SS;                                     
 
          SH          SF          SB          SR          SG          SS      
         Level       Level       Level       Level       Level       Level  
2019.1   249.41700   -34.40300    38.46500   118.67000  -278.63300   -69.94000
2019.2   212.87400   -23.23700    26.73200   120.29700  -282.54200   -62.59900
2019.3   194.95500   -12.78000    28.15100   112.61200  -288.10800   -76.02800
2019.4   190.89600    28.98700    16.92800   102.53300  -294.21400   -81.43000
2020.1   278.45700    -3.62700    10.76700    97.86900  -297.79200   -86.49900
2020.2  1045.26200    74.40100    -0.19700   128.42800 -1369.95800    77.53700
2020.3   563.57600    98.38900     5.44400   162.73400  -873.07000   -64.79900
2020.4   415.64000     3.79700     4.54700   181.66400  -526.76500   -51.70800
2021.1   912.48100    44.18100    16.55100   199.18000 -1128.07200   -51.64600
2021.2   354.32200    87.86300    12.10200   212.84900  -870.42100   179.13400
2021.3   298.64600    42.26700   -12.78800   230.13700  -591.95700    30.09400
2021.4   201.42500   -45.88000     4.30500   233.05400  -417.94600    15.91700
2022.1    53.71400  -200.38000    35.56100   270.67300  -166.56000    32.46700
2022.2    -2.58200   -74.91500    27.15300   254.58300  -344.19900   145.88500
2022.3    87.94900    -6.00700    -7.67600   221.91900  -289.45000    15.44100
2022.4   107.54100   -47.91600    12.43700   235.61900  -351.95200    -7.95200
2023.1   196.71700   -10.22400    87.95000   227.35400  -503.10600   -31.54100
2023.2   301.64400    -8.78300    48.32300   229.85300  -554.52500   -44.18700
2023.3   282.04900    -5.29000    51.74200   232.95200  -542.84200   -67.63600
2023.4   256.42500    -9.34600    41.77500   258.66700  -503.19300   -60.10400
2024.1   285.87300   -39.85300    62.95700   266.83300  -525.96500   -60.39500
2024.2   273.98900   -52.23300    63.89700   287.22300  -526.11100   -68.79000
2024.3   253.53000   -46.12800    50.23800   336.54400  -574.73800   -61.94700
2024.4   230.03600     3.11700    56.64900   300.33000  -564.22500   -42.25700
2025.1   244.34200   -43.21200    40.86500   360.22000  -523.08500   -70.80500
2025.2   231.66500    -4.54600    65.79600   290.36900  -506.25800   -75.67700
2025.3   203.55300    18.51600    79.12700   266.18200  -481.20200   -91.02800
2025.4   189.61000    37.26600    98.45800   249.79200  -456.07800   -84.20000
2026.1   221.66300   199.08000    89.60200   266.37500  -642.12400   -98.27000
2026.2   167.54600    78.47100   105.56200   272.96300  -465.10900  -113.85800
2026.3   159.46273    56.72438   100.02465   358.65000  -479.83633  -149.45042

2026.4   167.02581    78.35340    99.62978   355.00969  -503.78128  -150.66240
2027.1   180.03997    88.90682    99.23677   352.27979  -523.69574  -151.19261
2027.2   193.70411    96.91030    98.76755   352.76015  -544.61317  -151.95395
2027.3   204.22358   100.73872    98.33410   354.45194  -558.54223  -153.63112
2027.4   211.71243   108.53648    97.87350   356.31758  -573.45452  -155.41047
2028.1   216.82822   118.48217    97.33735   358.25938  -588.34468  -156.98744
2028.2   220.08189   129.30536    96.70909   360.29349  -602.60505  -158.20979
2028.3   221.68724   140.49083    95.98986   362.51084  -616.01020  -159.09356
2028.4   221.88216   151.66771    95.18813   364.92845  -628.44370  -159.64775
2029.1   220.84772   162.65696    94.31375   367.55027  -639.89154  -159.90216
2029.2   218.70296   173.41357    93.37608   370.37020  -650.39528  -159.89253
2029.3   215.52230   183.96891    92.38316   373.37611  -660.02210  -159.65339
2029.4   211.35896   194.37479    91.34137   376.54906  -668.83721  -159.21198
PRINTVAR FIXEDF LEVELS GDPR GDPD PCGDPR;                                      
 
          GDPR        GDPD        PCGDPR  
         Level       Level       Level  
2019.1  5107.92500     1.03327     2.52343
2019.2  5150.57500     1.03862     3.38197
2019.3  5210.82500     1.04192     4.76183
2019.4  5246.37500     1.04516     2.75699
2020.1  5177.30000     1.05032    -5.16339
2020.2  4769.52500     1.04614   -27.97435
2020.3  5139.75000     1.05572    34.85513
2020.4  5198.00000     1.06229     4.61094
2021.1  5276.62500     1.07644     6.18907
2021.2  5368.52500     1.09232     7.15070
2021.3  5410.45000     1.10932     3.16055
2021.4  5500.40000     1.12824     6.81778
2022.1  5486.42500     1.15102    -1.01242
2022.2  5494.07500     1.17715     0.55891
2022.3  5531.10000     1.19033     2.72300
2022.4  5568.12500     1.20212     2.70459
2023.1  5614.25000     1.21304     3.35490
2023.2  5644.40000     1.21966     2.16547
2023.3  5707.22500     1.22932     4.52709
2023.4  5758.30000     1.23579     3.62801
2024.1  5779.00000     1.24569     1.44570
2024.2  5830.05000     1.25355     3.58058
2024.3  5875.45000     1.25813     3.15147
2024.4  5910.45000     1.26591     2.40417
2025.1  5912.55000     1.27576     0.14220
2025.2  5971.15000     1.28242     4.02378
2025.3  6028.22500     1.29310     3.87855
2025.4  6031.35000     1.30412     0.20752
2026.1  6068.57500     1.31440     2.49172
2026.2  6102.00000     1.33411     2.22142
2026.3  6152.75000     1.34127     3.36851

2026.4  6207.71421     1.35270     3.62148
2027.1  6257.78850     1.36455     3.26584
2027.2  6302.68568     1.37577     2.90088
2027.3  6335.75770     1.38748     2.11549
2027.4  6363.82894     1.39909     1.78405
2028.1  6390.64881     1.41018     1.69646
2028.2  6417.89820     1.42060     1.71652
2028.3  6446.03805     1.43036     1.76540
2028.4  6475.23012     1.43957     1.82382
2029.1  6505.47696     1.44831     1.88160
2029.2  6536.69873     1.45670     1.93359
2029.3  6568.79058     1.46483     1.97830
2029.4  6601.66398     1.47276     2.01687
PRINTVAR FIXEDF LEVELS SHRPIE SRZ JM AFT;                                     
 
          SHRPIE      SRZ         JM          AFT     
         Level       Level       Level       Level  
2019.1     0.11035     0.08481     1.36000     1.42367
2019.2     0.10953     0.07554     1.36600     1.42333
2019.3     0.11474     0.07100     1.37400     1.42300
2019.4     0.11860     0.06934     1.37700     1.42300
2020.1     0.11210     0.09172     1.37900     1.42300
2020.2     0.11600     0.25035     1.37800     1.35867
2020.3     0.16826     0.15442     1.38300     1.36800
2020.4     0.15225     0.12519     1.38800     1.37533
2021.1     0.17459     0.20506     1.39200     1.37600
2021.2     0.19105     0.10573     1.39500     1.37667
2021.3     0.18361     0.08964     1.38900     1.38067
2021.4     0.17439     0.07121     1.38100     1.37000
2022.1     0.16992     0.04002     1.37300     1.35700
2022.2     0.18333     0.02601     1.36100     1.34000
2022.3     0.17010     0.03532     1.35400     1.33700
2022.4     0.16054     0.04094     1.34400     1.33000
2023.1     0.17523     0.05775     1.33500     1.31800
2023.2     0.18175     0.06504     1.32900     1.31133
2023.3     0.18033     0.06376     1.32100     1.31367
2023.4     0.18271     0.06588     1.31400     1.30967
2024.1     0.17483     0.07154     1.30700     1.30200
2024.2     0.18644     0.06857     1.30700     1.29933
2024.3     0.17686     0.06248     1.31300     1.30500
2024.4     0.17398     0.05703     1.31800     1.30933
2025.1     0.17081     0.05877     1.32200     1.30800
2025.2     0.17252     0.06015     1.33000     1.30900
2025.3     0.18126     0.05394     1.33500     1.30900
2025.4     0.17756     0.05081     1.34100     1.30900
2026.1     0.18976     0.05515     1.35200     1.30900
2026.2     0.20282     0.04552     1.35300     1.30900
2026.3     0.21091     0.04213     1.35300     1.30967

2026.4     0.20358     0.04292     1.35300     1.30967
2027.1     0.20660     0.04484     1.35300     1.30967
2027.2     0.20872     0.04693     1.35300     1.30967
2027.3     0.20822     0.04855     1.35300     1.30967
2027.4     0.20805     0.04977     1.35300     1.30967
2028.1     0.20855     0.05070     1.35300     1.30967
2028.2     0.20981     0.05145     1.35300     1.30967
2028.3     0.21143     0.05205     1.35300     1.30967
2028.4     0.21332     0.05253     1.35300     1.30967
2029.1     0.21537     0.05292     1.35300     1.30967
2029.2     0.21752     0.05323     1.35300     1.30967
2029.3     0.21970     0.05346     1.35300     1.30967
2029.4     0.22189     0.05361     1.35300     1.30967