US Recession Onset (Sahm rule)

Sahm (2019), Brookings/Hamilton Project; published by FRED as SAHMREALTIME. 3-month MA of U-3 unemployment minus its trailing 12-month minimum; triggers at >= 0.50 pp

• macro

Computed in real time and available over the MCP tool get_fused_signal at /mcp, and enumerated in the fusion products guide. Included from the Team plan. Compare access at /pricing or call get_plans over MCP. Readings depend on current source availability; source licences still apply.