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Unconventional Economic Indicators Reveal Recession Concerns

6/12/2025

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Summary

Story summary

Abby Hall, an economics professor, discusses unconventional economic indicators like the Men's Underwear Index, which drops during financial uncertainty.
The Baked Beans Index reflects increased demand for affordable foods, while the Lipstick Index indicates smaller luxury purchases.
Economist David McWilliams notes these indicators highlight the influence of human behavior on the economy.
Recent data reveals 25% of American adults use "buy now, pay later" services for groceries, signaling recession concerns.

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Story summary

Abby Hall, an economics professor, discusses unconventional economic indicators like the Men's Underwear Index, which drops during financial uncertainty.
The Baked Beans Index reflects increased demand for affordable foods, while the Lipstick Index indicates smaller luxury purchases.
Economist David McWilliams notes these indicators highlight the influence of human behavior on the economy.
Recent data reveals 25% of American adults use "buy now, pay later" services for groceries, signaling recession concerns.