ilmscore | Prediction Details
"once you know once we get the next data point for this the beginning of next month it'll probably be a bit higher because the unemployment rate we just got the unemployment rate data that actually went up quite a bit"
By Benjamin Cowen | August 3, 2024 | Pending
From video
The Sahm Rule Recession Indicator has Signaled 00:40:25 - 00:40:31
Interpreted Prediction
The smoothed recession probabilities indicator is predicted to be higher with the next data point release (early September 2024), driven by the recent unemployment rate increase.

Prediction Details

Topic
US Economy (Recession Probability)

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