From f98d87ef0a504267c861a49b8ba0b4c3763d6e1b Mon Sep 17 00:00:00 2001
From: Kishan Manani <kishan_manani@hotmail.com>
Date: Sun, 13 Feb 2022 10:33:33 +0000
Subject: [PATCH] BUG: Fix ValueError output in lagmat when using pandas

---
 statsmodels/tsa/tsatools.py | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/statsmodels/tsa/tsatools.py b/statsmodels/tsa/tsatools.py
index 4c24db20529..c06e036fe4f 100644
--- a/statsmodels/tsa/tsatools.py
+++ b/statsmodels/tsa/tsatools.py
@@ -383,7 +383,7 @@ def lagmat(x,
     trim = trim.lower()
     if is_pandas and trim in ("none", "backward"):
         raise ValueError(
-            "trim cannot be 'none' or 'forward' when used on "
+            "trim cannot be 'none' or 'backward' when used on "
             "Series or DataFrames"
         )