Sahm Rule Indicator vs Consumer Confidence

Sahm Rule Indicator

Real-time recession indicator

0.00%
-100.00%
No Recession Signal
0.30 0.11 -0.07 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26 Aug'26

Consumer Confidence

University of Michigan consumer sentiment

51.7
-3.00%
Very Pessimistic
56.6 50.7 44.8 Feb'26 Mar'26 Apr'26 May'26 Jun'26 Jul'26

Indicator Comparison

Sahm Rule Indicator Consumer Confidence
Current 0.00% 51.7
Change -100.00% -3.00%
Status No Recession Signal Very Pessimistic
Data Source FRED SAHMREALTIME FRED UMCSENT
Update Frequency Monthly Monthly
Last Updated September 1, 2026 August 1, 2026