I don't necessarily believe that I've coined
this word, but I think there are a lot of interesting economic indicator
s lurking within the industries of pornography
, sex toy
and topless dancing
which reflect back upon the overall mainstream economy. Just as the need for convenient, private access to skin flicks
jump-started the VCR
boom of the 1980s, the sex-related goods and services that people pay money for today not only drive a significant industry, but also reveal economic trends concerning the rest of society.
Are good or bad economic times ahead when nationwide adult video
rentals jump significantly? Does the amount of money spent on whore
s run in accordance with or in opposition to other types of mainstream consumer spending
? Clearly these and other similar trends in the pornoconomy deal mostly with disposable income
or the lack of it, but I'm willing to bet that savvy economists can glean extra insight from observing this enormous industry.