Sahm Rule Indicator vs Consumer Confidence

Sahm Rule Indicator

Real-time recession indicator

0.10%
-23.08%
No Recession Signal
0.30 0.20 0.10 Feb'26 Mar'26 Apr'26

Consumer Confidence

University of Michigan consumer sentiment

44.8
-15.95%
Very Pessimistic
56.6 50.7 44.8 Feb'26 Mar'26 Apr'26

Indicator Comparison

Sahm Rule Indicator Consumer Confidence
Current 0.10% 44.8
Change -23.08% -15.95%
Status No Recession Signal Very Pessimistic
Data Source FRED SAHMREALTIME FRED UMCSENT
Update Frequency Monthly Monthly
Last Updated May 1, 2026 May 1, 2026