Stay-At-Home Macro (SAHM)
Claudia SahmMy goal is to make economic policy and macroeconomics better.
| Platform |  | Pricing | Freemium | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 228 | Subscribers | Read | stayathomemacro.substack.com |
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Trust in Numbers
Suitland Federal Center currently houses the U.S. Census Bureau, the Bureau of Labor Statistics, and the Bureau of Economic Analysis.
Update: A Year With No Jobs—But No Recession
Today’s employment report confirmed that payroll growth stalled last year. The benchmark revision in March 2025 subtracted 898,000 jobs from the level, and total downward revisions by the end of 2025 exceeded one million. The revised series...
A Year With No Jobs—But No Recession
The economic news this week has been foreboding. Kevin Hassett, a leading economist at the White House, told viewers on CNBC, “one shouldn’t panic,” and advisor Peter Navarro on Fox urged us to “revise our expectations down significantly.” ...
Kevin Warsh
Source: Federal Reserve. Note: Members of the Federal Open Market Committee meet in Washington in March 2009. Kevin Warsh circled in yellow.
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Authors
The writers behind this newsletter.
Founder of Sahm Consulting, former Federal Reserve and White House economist.
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