Sahm Rule Indicator vs Consumer Confidence

Sahm Rule Indicator

Real-time recession indicator

0.07%
-46.15%
No Recession Signal
0.30 0.18 0.07 Feb'26 Mar'26 Apr'26 May'26

Consumer Confidence

University of Michigan consumer sentiment

44.8
-15.95%
Very Pessimistic
56.6 50.7 44.8 Feb'26 Mar'26 Apr'26

Indicator Comparison

Sahm Rule Indicator Consumer Confidence
Current 0.07% 44.8
Change -46.15% -15.95%
Status No Recession Signal Very Pessimistic
Data Source FRED SAHMREALTIME FRED UMCSENT
Update Frequency Monthly Monthly
Last Updated June 1, 2026 May 1, 2026