Thursday, January 12, 2012

The High Heel Index: Does Heel Height Predict the Economy?

We’ve talked about how Michelle Obama fashion choices can influence stock prices, but are high heel heights correlated to the well-being of the economy?

Researchers at I.B.M. used social media to determine that high heel heights are dropping. In fact, the median high of heels mentioned in 2009 was seven inches and fell to two inches in 2011. I.B.M. believes this information suggests that the economy may begin to come back, according to Eric Wilson at the NY Times.