Economic Indicators

Sorry to keep banging on about this (now apparently official) recession.  But a few things cropped up over the weekend that I thought were worth sharing. On the downside, over the last couple of days I’ve had reports of a restaurant where the takings are down 20% year on year, the hairdresser whose customers have … Continue reading Economic Indicators

When the going gets tough, its time to buy lipstick

I’m sure you’ve all read the ‘upsurge in sales for shoe repairers’ stories in the news suggesting that some sectors of the economy actually benefit from a downturn, in this case as people get their shoes repaired rather than splashing out on a new pair. There was also an interesting piece in the New York … Continue reading When the going gets tough, its time to buy lipstick