Economists Have Noticed That Skirts Get Shorter When the Economy is Better and Longer When the Economy is Worse

This is the “Hemline Index” a theory first conceived in the 1920s by economist George Taylor. Later research has also shown that there more unexpected correlations with the economy than just skirt lengths.

Typically, popular songs in troubled economic times tend to be longer, slower, and more meaningful than the faster, upbeat songs of better economic times.

Older, heavier, and more mature actresses and models rise in popularity in tough economic times. Bad economies also correspond with declining sales of tobacco, deodorant, and steak. People also cut their hair shorter.

There are exceptions to every rule though. For instance, beer, pasta, and chocolate appear to be recession-proof.

Source: THE NEW YORK TIMES