{"uid":"cap_yjAQVAy6kAjccWf1vmqXa","slug":"api-lastlookdata-com-059d3f73","name":"LastLook Data – Real-Time Sahm Rule Recession Indicator","description":"LastLook Data — real-time Sahm Rule recession indicator. Value >= 0.5 signals recession underway. Source: FRED SAHMREALTIME.","url":"https://api.lastlookdata.com/api/derived/recession","method":"GET","headers":{},"bodySchema":{"type":"object","$schema":"https://json-schema.org/draft/2020-12/schema","required":["input"],"properties":{"input":{"type":"object","required":["type","method"],"properties":{"type":{"type":"string","const":"http"},"method":{"enum":["GET"],"type":"string"},"queryParams":{"type":"object","properties":{}}},"additionalProperties":false},"output":{"type":"object","required":["type"],"properties":{"type":{"type":"string"},"example":{"type":"object"}}}}},"responseSchema":null,"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.02","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"settled","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.02/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.02","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.02","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_IMnMq_F8Npbp8f1Wrm0PZ","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.02","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Returns the current real-time Sahm Rule recession indicator value; a reading >= 0.5 signals that a recession is underway.","exampleAgentPrompt":"What is the current Sahm Rule recession indicator value, and has it crossed the 0.5 threshold that signals a recession is underway?","exampleUseCases":[{"title":"Alert portfolio managers to recession signals","prompt":"Check the latest Sahm Rule reading and let me know immediately if it's signaling a recession—I need to know before adjusting our defensive positions."},{"title":"Inform client communications on economy","prompt":"Pull the current Sahm Rule recession indicator so I can tell clients whether the economy is officially in recession territory right now."},{"title":"Trigger automated hedging strategies","prompt":"Get the real-time Sahm Rule value and if it's above 0.5, automatically execute our recession playbook and notify the risk team."}],"resultDescription":"Returns the latest real-time Sahm Rule indicator value (a numeric score). A value >= 0.5 indicates that the US economy is in a recession according to the Sahm Rule methodology. Sourced from the FRED SAHMREALTIME series.","failureModes":["FRED data unavailable or delayed — may return stale or null value","Service outage returns HTTP 5xx","Payment not processed (x402) — returns 402 Payment Required if USDC micropayment not provided","No query parameters accepted — passing unexpected params may cause errors"],"whenToPreferThis":"Use this endpoint when you need a single, authoritative, real-time recession signal for the US economy without querying FRED directly. Ideal for agents monitoring macroeconomic conditions, building economic dashboards, or making conditional decisions based on recession status. Prefer this over the generic /api/current FRED endpoint when you specifically need the Sahm Rule derived indicator rather than a raw FRED series value.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-09-15T00:36:02.469Z","isFirstParty":false}