Claudia Sahm, the economist who invented the Sahm Rule, has contradicted claims of a recession in the U.S. economy. This comes amid mounting fears of a recession due to recent market instability.
What Happened: Sahm, who is known for developing the Sahm Rule, a key indicator used to predict the onset of a recession, has stated that she does not believe the U.S. economy is in a recession. This assertion follows a period of economic uncertainty and market volatility.
“I do not think the U.S. economy is in recession,” Sahm said, in an interview with The Compound. She emphasized that the current economic cycle is unusual, and the traditional indicators may not be accurately reflecting the situation.
Most analysts define a recession as two consecutive quarters of decline in real GDP. Sahm …
Full story available on Benzinga.com
Claudia Sahm, the economist who invented the Sahm Rule, has contradicted claims of a recession in the U.S. economy. This comes amid mounting fears of a recession due to recent market instability.
What Happened: Sahm, who is known for developing the Sahm Rule, a key indicator used to predict the onset of a recession, has stated that she does not believe the U.S. economy is in a recession. This assertion follows a period of economic uncertainty and market volatility.
“I do not think the U.S. economy is in recession,” Sahm said, in an interview with The Compound. She emphasized that the current economic cycle is unusual, and the traditional indicators may not be accurately reflecting the situation.
Most analysts define a recession as two consecutive quarters of decline in real GDP. Sahm …
Full story available on Benzinga.com
Claudia Sahm, the economist who invented the Sahm Rule, has contradicted claims of a recession in the U.S. economy. This comes amid mounting fears of a recession due to recent market instability.
What Happened: Sahm, who is known for developing the Sahm Rule, a key indicator used to predict the onset of a recession, has stated that she does not believe the U.S. economy is in a recession. This assertion follows a period of economic uncertainty and market volatility.
“I do not think the U.S. economy is in recession,” Sahm said, in an interview with The Compound. She emphasized that the current economic cycle is unusual, and the traditional indicators may not be accurately reflecting the situation.
Most analysts define a recession as two consecutive quarters of decline in real GDP. Sahm …Full story available on Benzinga.com Read MoreClaudia Sahm, Kaustubh Bagalkote, News, Recession, sahm rule, Economics, Markets, News, Economics, Markets, Benzinga News
