Get Sahm Rule Recession Indicator
get_recession_indicatorReturns the real-time Sahm Rule recession indicator. A value >= 0.50 signals a recession is likely underway. Measures the rise in unemployment from its recent low. Source: FRED SAHMREALTIME.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| as_of | Yes | Date of the most recent observation | |
| value | Yes | Sahm Rule indicator value | |
| signal | Yes | Human-readable signal description | |
| threshold | Yes | Trigger threshold (0.50) | |
| triggered | Yes | True if value >= 0.50 (recession signal active) |