Federal Reserve Economic Data

Sahm Rule Recession Indicator (SAHMCURRENT)

May 2025: 0.27
Updated: Jun 6, 2025 7:58 AM CDT
May 2025:  0.27  
Apr 2025:  0.27  
Mar 2025:  0.27  
Feb 2025:  0.27  
Jan 2025:  0.37  
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Units:

Percentage Points,
Seasonally Adjusted

Frequency:

Monthly

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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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