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

www.theguardian.com 30-06-2024 11:00 0.5 Minutes reading Negative -0.87
<p>Some look beyond typical metrics like GDP and job data, but these alternatives shouldn’t be taken seriously</p><p>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.</p> <a href="https://www.theguardian.com/business/article/2024/jun/30/unusual-economic-indicators">Continue reading...</a>

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