Federal Reserve Economic Data: Your trusted data source since 1991

Sahm Rule Recession Indicator (SAHMCURRENT)

Observation:

Jan 2024: 0.20 (+ more)   Updated: Feb 2, 2024
Jan 2024:  0.20  
Dec 2023:  0.23  
Nov 2023:  0.27  
Oct 2023:  0.30  
Sep 2023:  0.20  
View All

Units:

Percentage Points,
Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Sahm, Claudia  

Release: Sahm Rule Recession Indicator  

Units:  Percentage Points, Seasonally Adjusted

Frequency:  Monthly

Notes:

Sahm Recession Indicator signals the start of a recession when the three-month moving average of the national unemployment rate (U3) rises by 0.50 percentage points or more relative to the minimum of the three-month averages from the previous 12 months.

Suggested Citation:

Sahm, Claudia, Sahm Rule Recession Indicator [SAHMCURRENT], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/SAHMCURRENT, February 29, 2024.

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