Plastic surgery plummets with the divorce rate in this current economy. Is there a link?
As the economy sags, so does the plastic surgery business, along with the divorce rate.
Cosmetic procedures, such as skin tightening and body contouring, are no longer in high demand, according to Millennium Research Group, an organization that analyzes trends in the medical industry.
But, all hope is not lost for practitioners. While plastic surgery may be in the pits for the time-being, the economy always bounces back. Millennium Research Group analyst Lisa Shantz told TheStreet.com:
“A lot of these plastic surgery procedures are tied to consumer confidence. If they’re more confident in the economy, they might be more likely to undergo these procedures because they can see an end to it.”
Other real-life economic indicators include a dip in the divorce rate, which Millennium Research report noted rate is down in part because of the depressed real estate market – not because there are fewer cosmetic surgeries.
So, while the pundits measure the health of our nation’s economy by facts and figures, tummy tucks and divorce proceedings may be better indicators.