Posts Tagged ‘hemline index’

  • An Upward Dow Helps an Incumbent President

    Unusual Economic Indicators

    Mar 18, 12 • 122 Views • Behavioral Economics, Economic History, Households, Labor, Macroeconomic Measurement, UncategorizedNo Comments

    If you see women in long skirts at “sit-down” restaurants, then the economy is probably expanding. Since 1926 when the hemline index was first expressed, economists have assumed that hemlines fall if the economy contracts and rise during...

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    Unexpected Economic Indicators

    May 30, 10 • 131 Views • Demand, Supply, and Markets, Macroeconomic MeasurementNo Comments

    Instead of the G.D.P., CPI, and assorted leading and lagging indicators, economists also look at an entirely different set of data. Sometimes hemlines, movie star preferences, and everyday purchases provide business cycle evidence. During a plunge in economic...