Attention, Sinners: US 'Vice Index' Is a Little Low
Which is actually bad news for consumer spending, says analyst
By Matt Cantor, Newser User
Posted Nov 6, 2013 2:48 PM CST
The 'vice index' has hit a 17-year low.   (Shutterstock)

(Newser) – Brace yourself: Things are about to get tame. So says the vice index, which tracks spending on booze, gambling, and prostitutes: Its September reading was 104, the lowest it's been since February, the Wall Street Journal reports. The bad news may stretch beyond the realm of sin: It's a predictor of consumer spending four months in the future, says Andrew Zatlin of SouthBay Research, who developed the system. "It’s signaling that consumer spending growth is about to drop and stay subdued for a few months," notes the analyst, who's keeping quiet about just where he gets these numbers. That's not exactly great news for the holiday season.

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Showing 3 of 19 comments
troy705
Nov 7, 2013 9:23 AM CST
Now I gotta get two hookers. You know to help America out.
Scaramouche
Nov 6, 2013 8:02 PM CST
* gets right on that
fractal
Nov 6, 2013 4:14 PM CST
Perhaps they are measuring the wrong vices. If they had looked at web porn, TV, weed and meth they may have gotten a truer index.