OPEN-SOURCE SCRIPT
已更新

WU Sahm Recession Indicator

1 752
The Sahm Recession Indicator devised by Economist Claudia Sahm is a rather insightful tool that captures the onset of recessions by utilizing unemployment data, which can provide more real-time insights compared to quarterly GDP reports. If the three-month simple moving average (SMA) of the unemployment rate exceeds the minimum unemployment rate of the previous 12 months by 0.5 percentage points, it indicates a high likelihood of a recession.

This script allows you to visualize this indicator and set up alerts for when this criterion indicates that a recession could be coming.
發行說明
Will not display on any other time frame than Monthly. I added also a yellow line when the signal is exactly on the threshold value.
發行說明
Due to the use of the function ta.lowest(unrate3M, 12), which looked back only 11 months since it included the current one, the previous version was not fully accurate. I have fixed this issue.
發行說明
Can be switch to a Threshold of 0.61% instead of the 0.5% used by Claudia Sahm.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。