- There are all kinds of under-the-radar economic indicators. Plastic surgery demand may be one signal.
- Demand boomed during the pandemic, when Americans flush with savings sought cosmetic procedures.
- US consumers are set to run out of their savings by the end of this quarter, a Fed study warned.
There are a lot of weird economic indicators out there. Everything from lipstick, to men’s underwear, to cardboard boxes have a story to tell about the economy. Anyone looking for more under-the-radar economic signals can add plastic surgery to the list.
As inflation remains high and Americans start to rein in their spending, interest in cosmetic surgery has plummeted after a boom during the pandemic, when people flush with savings were seeking out procedures at higher rates.
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