Claudia Sahm
Macroeconomist behind the Sahm rule recession indicator; writes Stay-At-Home Macro.
At a glance
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- Claudia Sahm is an American macroeconomist who studies business cycles, fiscal stimulus and consumer behaviour.
- She worked at the Federal Reserve Board from 2007 to 2019, rising to section chief.
- She is best known for the Sahm rule, which signals a recession from a rise in the unemployment rate.
- She became chief economist at New Century Advisors in April 2024 and runs Sahm Consulting.
- She writes the Stay-At-Home Macro newsletter.
Key facts
- Born
- 13 March 19761
- Education
- BA in economics, Denison University (1998); PhD, University of Michigan (2007)1
- Career
- Federal Reserve Board 2007 to 2019; Council of Economic Advisers 2015 to 2016; Washington Center for Equitable Growth 2019 to 2020; Jain Family Institute (2022)1
- Current
- Chief Economist, New Century Advisors, from April 2024; founder of Sahm Consulting1
- Known for
- The Sahm rule recession indicator1
- Consulting
- Independent macro analysis for fund managers, executives and business groups2
Links
Sources
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