​The Sahm Rule, Employment, And Recession Indicators – Tyler Durden

The Sahm Rule, Employment, And Recession Indicators Authored by Lance Roberts via RealInvestmentAdvice.com, Economist Claudia Sahm developed the “Sahm Rule,” which states that the economy is in recession when the unemployment rate’s three-month average is a half percentage point above its 12-month low. As shown, the latest employment report has triggered that indicator. So, does this mean a recession is imminent? Maybe. However, we can now add this indicator to the long list of other recessionary indicators, also flashing warning signs. As discussed in “Conference Board Scraps Its Recession Call,” the Leading Economic Index (LEI) has a long history of accurately predicting recession outcomes. As we showed, each…  — Continue at ZeroHedge News : Read More