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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