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Activity Composite

Composite Study | Low contraction pressure | As of 2026-03-31

Composite activity pressure is 'low contraction pressure'. The blended index is 0.11, combining present, lagged, and forward recession signals.

2026-03-31 As Of

Metrics

Metric Value
Composite Pressure Index 0.11
CFNAI MA3 -0.03
Current Recession Probability 0.08
Lagged Recession Probability 0.04
12-Month Recession Probability 0.22

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 signals a low‑pressure environment with only modest recession risk and no strong contraction pressure.

  • Pressure index of 0.1057 indicates a slight expansion, far from contraction thresholds.
  • MA3 = -0.03 is negative but well above the -0.7 recession‑signal threshold, suggesting limited downside risk.
  • 12‑month forward recession probability = 22.24%, the highest of the three probability measures, reflecting some medium‑term caution.

Caveat: These probabilities are model‑based forecasts that can shift quickly with new economic data.