Sahm Rule Indicator

Real-time recession indicator

0.07%
-46.15%
No Recession Signal
Last Updated: June 1, 2026

Historical Data

0.30 0.18 0.07 Feb'26 Mar'26 Apr'26 May'26

About Sahm Rule Indicator

The Sahm Rule triggers when the 3-month moving average of the unemployment rate rises 0.5 percentage points above its 12-month low. Developed by economist Claudia Sahm, it has identified every US recession since 1970 in real time, making it one of the most reliable recession signals available.

Data Source: FRED SAHMREALTIME
Update Frequency: Monthly