A new indicator is gaining prominence amongst Fed governors and policymakers. The Sahm indicator is increasingly discussed as a simple real-time indicator for the onset of a recession in the United States. Claudia Sahm used to work at the Board of Governors of the Federal Reserve and is now at the Washington Center for Equitable Growth. In spring last year, she wrote an article on how to start fiscal stimulus payments to prop up an economy in recession. In this article, she developed the
Assessing the Sahm indicator
Assessing the Sahm indicator
Assessing the Sahm indicator
A new indicator is gaining prominence amongst Fed governors and policymakers. The Sahm indicator is increasingly discussed as a simple real-time indicator for the onset of a recession in the United States. Claudia Sahm used to work at the Board of Governors of the Federal Reserve and is now at the Washington Center for Equitable Growth. In spring last year, she wrote an article on how to start fiscal stimulus payments to prop up an economy in recession. In this article, she developed the