03 May 2024

Recession Alert: State data says one thing (#recession), national averages say another (no recession).

Latest Unemployment data - SAHM Rules State data says one thing (#recession), national averages say another (no recession). State data runs to March only, 1-month behind latest #unemployment print. 👉SAHM (3MA smoothing) is original rule that uses 3-month rolling average of nation wide unemployment data 👉SAHM (raw) is modified rule with no smoothing 👉% STATES SAHM TRIPPED = % of 52 U.S states where the SAHM rule, using no smoothing, have triggered. ⚡️To read about best use of SAHM rules at the national, state and metro levels, see our seminal research "The SAHM-rule Redux" at recessionalert.com/sahm-rule-redu
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Russia-Ukraine war live: Ukraine’s use of western missiles against Russia could lead to nuclear response, says Moscow

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