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Activity Composite

Composite Study | Low contraction pressure | As of 2026-04-30

Composite activity pressure is 'low contraction pressure'. The blended index is 0.10, combining present, lagged, and forward recession signals.

2026-04-30 As Of

Metrics

Metric Value
Composite Pressure Index 0.10
CFNAI MA3 -0.03
Current Recession Probability 0.08
Lagged Recession Probability 0.08
12-Month Recession Probability 0.15

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 Activity Composite shows only modest contraction pressure, with recession probabilities near 8% today and 15% over the next 12 months.

  • Pressure index of 0.0991 indicates low contraction pressure.
  • MA‑3 value of -0.03 is above the -0.7 recession‑signal threshold.
  • Current recession probability 8.25% and forward‑12‑month probability 14.82%.

Caveat: These probabilities are derived from a single composite and may overstate near‑term recession risk due to limited recent data and possible lag effects.