| Period | Adjusted R squared | Mean squared error (MSE) |
|---|---|---|
|
January 2021 |
0.965 | 0.054 |
|
February 2021 |
0.961 | 0.048 |
|
March 2021 |
0.958 | 0.061 |
|
April 2021 |
0.959 | 0.045 |
|
May 2021 |
0.958 | 0.050 |
|
June 2021 |
0.960 | 0.049 |
|
July 2021 |
0.962 | 0.047 |
|
August 2021 |
0.964 | 0.045 |
|
September 2021 |
0.971 | 0.039 |
|
October 2021 |
0.969 | 0.043 |
|
November 2021 |
0.962 | 0.050 |
|
December 2021 |
0.956 | 0.054 |
|
January 2022 |
0.963 | 0.049 |
|
February 2022 |
0.959 | 0.045 |
|
March 2022 |
0.955 | 0.038 |
|
April 2022 |
0.961 | 0.041 |
|
May 2022 |
0.955 | 0.054 |
|
June 2022 |
0.956 | 0.059 |
|
July 2022 |
0.957 | 0.050 |
|
August 2022 |
0.966 | 0.041 |
|
September 2022 |
0.956 | 0.058 |
|
October 2022 |
0.963 | 0.053 |
|
November 2022 |
0.961 | 0.072 |
|
December 2022 |
0.946 | 0.071 |
|
January 2023 |
0.955 | 0.069 |
|
February 2023 |
0.965 | 0.054 |
|
March 2023 |
0.961 | 0.067 |
|
April 2023 |
0.952 | 0.069 |
|
May 2023 |
0.937 | 0.094 |
|
June 2023 |
0.934 | 0.115 |
|
Source: U.S. Bureau of Labor Statistics. |
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