Sahm Rule Recession Indicator (SAHMCURRENT)

Observations

Sep 2026: 0.00
Updated: Oct 2, 2026 8:36 AM CDT
Next Release Date: Nov 6, 2026
Sep 2026:  0.00  
Aug 2026:  -0.07  
Jul 2026:  -0.03  
Jun 2026:  0.07  
May 2026:  0.10  
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Units:

Percentage Points,
Seasonally Adjusted

Frequency:

Monthly

Fullscreen

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, .

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Tags

Claudia Sahm Recession Indicators Academic Data Seasonally Adjusted Monthly Nation Public Domain: Citation Requested United States of America

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