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 its low during 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,
January 16, 2021.