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Hemlines and the Economy: Which Goes Down First?

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  • Marjolein van Baardwijk
  • Philip Hans Franses

Abstract

Women’s hemlines are falling to ankle length this year. Could this mean that another recession is in the works? Not at all, say the authors; rather, the legend that hemlines are a lead indicator of the economy is apparently backwards. Hemlines, in fact, appear to lag behind economic activity by three years, so it seems the current drop in hemlines is a reaction to the most recent economic recession. Copyright International Institute of Forecasters, 2012

Suggested Citation

  • Marjolein van Baardwijk & Philip Hans Franses, 2012. "Hemlines and the Economy: Which Goes Down First?," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 26, pages 27-28, Summer.
    • Handle: RePEc:for:ijafaa:y:2012:i:26:p:27-28
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