By Jill Schlesinger
Plastic surgery bounced back in 2010 and that could be good news for the economy and maybe even for the stock market. The American Society of Plastic Surgeons said that last year, 13.1 million cosmetic plastic surgery procedures were performed in the United States, up 5 percent from 2009.
Analysts have long opined that such superficial indicators–like hemlines–can provide investors with clues about the economy and even market direction. Given the rise of plastic surgery, it was only a matter of time before experts would extrapolate plastic surgery volume as means to measure how we’re doing. Thus, the “Plastic Surgery Indicator” was born.
[Source: CBS MoneyWatch]