What can lipstick and underwear sales tell us about the economy?

US economy, Business, US small business, Economics, US news Business | The Guardian

​Some look beyond typical metrics like GDP and job data, but these alternatives shouldn’t be taken seriouslyIs the country heading towards a recession? Ask 10 economists and you’ll likely get 10 different answers. Which is why some people have given up on the traditional data – GDP, jobs, etc – and have instead recently been tinkering with more unusual economic indicators to help them guide their companies. Here are a few that I’ve seen. Continue reading… 

Some look beyond typical metrics like GDP and job data, but these alternatives shouldn’t be taken seriously

Is the country heading towards a recession? Ask 10 economists and you’ll likely get 10 different answers. Which is why some people have given up on the traditional data – GDP, jobs, etc – and have instead recently been tinkering with more unusual economic indicators to help them guide their companies. Here are a few that I’ve seen.

Continue reading… 

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