Graphs, Infographics

5 Strange Signs that Economy is Increasing

A weird favourite of economists is doing better - RV manufacturers accurately predicted the U.S. economy was headed for recession when they noted RV shipments had fallen for the first time in six years. Despite high gas prices now, RV sales have been better of late, partly because people are travelling shorter distances and with less planning a trend being reinforced by rising airfare.
More couples are splitting Up - Divorce is expensive. So when the economy took a turn for the worst, unhappy couples ended up putting up with each other for a little longer. Fed data is slow to come out, but some are already suggesting that more people are seeking divorces now that the economy’s looking up.
Men are buying new underwear - Even former Federal Reserve Chairman Alan Greenspan subscribed to this one. During tough times men tend to skip out on buying new underwear. When the economy tanked in, sales on boxers and briefs fell 2.5 percent. But today, underwear sales are up. In 2011, men’s under tops sales were up 4.8% compared to the year prior, to $1.6 billion. Men’s underwear sales were up 5.2% compared to the year prior, to $2.58 billion.
Face lifts are seeing a lift - No one really needs a face lift, so we can count this as an elective cosmetic procedure. If more re-sculpted noses and wrinkle-free faces are a sign of an improving economy, we are headed in the right direction.
Utilities are losing their best customer - Although analysts predict most utilities will see record profit increases to rate hikes, a record number of U.S. homeowners and businesses installed solar systems and were more likely to do so if they had higher-than-average electricity bills. And while solar manufacturing struggled due to Solyndra’s failure and an oversupply of solar parts worldwide, it was good news for U.S. consumers who benefited from lowered overall installation costs.

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Categories : Economy Graphs | Published by : | Date : Jul 1, 2016

Tags: Current Economy, Economic Status, economy, increase of economy, increasing economy, Indicators of Economic Growth, Measures of Economic Growth, signs of increasing economy, State of Economy, Strange signs of increasing economy