Through a Washington seismometer, we can use much more than traditional economic data to quantify the success of Taylor Swift’s ERAs tour.
When Lipstick Is an Unusual Indicator
As an unusual economic indicator, an uptick in lipstick sales can signal a downturn in the economy because it is a cheap luxury.
Surprising Economic Indicators
While the BLS has leading, lagging and coincidental economic indicators that it follows, the MUI and the lipstick index can also be an economic indicator.
