Remember the SAHM Recession indicator that is "always right"?
I had wondered what that 800,000 employment
restatement would do to the Sahm indicator, which is 100% based
upon employment?
Reality, live data at the St Louis Fed looks exactly the same,
and I figure out why....they only change the chart based on monthly
data, so next week September 2, we should get an update, and it
will be curious as heck as what it will look like. "See --
no recession for Biden, since unemployment didnt increase, it
always was horrible....."
Remember the SAHM Recession indicator
Posted by steveo on 27th of Aug 2024 at 02:40 pm
Remember the SAHM Recession indicator that is "always right"? I had wondered what that 800,000 employment restatement would do to the Sahm indicator, which is 100% based upon employment?
Reality, live data at the St Louis Fed looks exactly the same, and I figure out why....they only change the chart based on monthly data, so next week September 2, we should get an update, and it will be curious as heck as what it will look like. "See -- no recession for Biden, since unemployment didnt increase, it always was horrible....."
https://fred.stlouisfed.org/series/SAHMREALTIME
Posted by steveo on 27th of Aug 2024 at 02:56 pm
https://fred.stlouisfed.org/series/SAHMREALTIME
fred.stlouisfed.org
Real-time Sahm Rule Recession Indicator (SAHMREALTIME) | FRED | St. Louis Fed
Graph and download economic data for Real-time Sahm Rule Recession Indicator (SAHMREALTIME) from Dec 1959 to Jul 2024 about recession indicators, academic data, and USA.
Thank you for posting.
Posted by Silver on 27th of Aug 2024 at 05:04 pm
Thank you for posting.