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Activity Composite

Composite Study | Low contraction pressure | As of 2026-06-30

Composite activity pressure is 'low contraction pressure'. The blended index is 0.09, combining present, lagged, and forward recession signals.

2026-06-30 As Of

Metrics

Metric Value
Composite Pressure Index 0.09
CFNAI MA3 -0.03
Current Recession Probability 0.08
Lagged Recession Probability 0.05
12-Month Recession Probability 0.17

Charts

Composite component view

Composite component view

Composite values are computed from indicator-study outputs.

Notes

  • This composite study manually combines indicator-study metrics.
  • Weights are currently fixed and can be adjusted in code.
  • Designed for extensibility to additional indicator studies.

Commentary

The composite activity indicator signals low contraction pressure, implying limited near‑term recession risk.

  • Pressure index: 0.0923 – well below the contraction threshold, indicating subdued activity.
  • MA3 value: -0.03, above the -0.7 recession‑signal threshold, suggesting no strong recession cue.
  • Current recession probability: 7.66%, with a 12‑month forward probability of 17.32%, reflecting modest upside risk but still low overall.

Caveat: These probabilities rely on historical model calibrations and may underestimate abrupt shocks or rapid shifts in underlying economic conditions.