【San Francisco Fed Provides New Method to Monitor U.S. Economic Recession】Golden Finance reports that researchers at the San Francisco Fed have proposed a new recession warning indicator that provides economists with additional tools to assess whether the U.S. may fall into recession. This tool, called the Labor Market Stress Indicator (LMSI), reveals regional differences in the labor market by statistically measuring the number of states where the unemployment rate has risen by at least 0.5 percentage points from its lowest level in the past 12 months. The research report states: "Whenever 30 or more states experience a simultaneous acceleration in rising unemployment rates, the national economy almost always falls into recession. The LMSI method is transparent—only counting states with accelerating unemployment rates—easy to interpret, while also providing valuable insights into the geographic distribution of economic stress."