What can lipstick and underwear sales tell us about the economy?
30 June 2024 at 07:00
Some look beyond typical metrics like GDP and job data, but these alternatives shouldnโt be taken seriously
Is the country heading towards a recession? Ask 10 economists and youโll likely get 10 different answers. Which is why some people have given up on the traditional data โ GDP, jobs, etc โ and have instead recently been tinkering with more unusual economic indicators to help them guide their companies. Here are a few that Iโve seen.
Continue reading...ยฉ Photograph: Jonathan Knowles/Getty Images
ยฉ Photograph: Jonathan Knowles/Getty Images