The Hot Waitress Index??
August 7th, 2009Stumbled across the following in New York Magazine — Hot Waitress Economic Index. According to Hugo Lindgren, there may actually be a better gauge of economic activity than GDP.
Are things getting better? The answer is rarely straightforward.
In New York, we have our own economic indicators, often based on the degree to which people are being thwarted by the lack of opportunity. An old standby is the Overeducated Cabbie Index. The Squeegee Man Apparition Index is another good one. There’s also the Speed at Which Contractors Return Calls Index: within 24 hours, you’re in a recession; if they call you without prompting, that’s a depression.
The indicator I prefer is the Hot Waitress Index: The hotter the waitresses, the weaker the economy…
Interesting hypothesis.
Check out the full satire by clicking Hot Waitress Economic Index.
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