Cosmetic surgery: the new economic indicator

Cosmetic surgery: the new economic indicator

If the latest numbers for boob jobs are anything to go by, the US economy is starting to pick up. .

USA Today reports: "Americans got about 1.6 million cosmetic surgeries in 2011, the second year of increase after a big drop in 2009, according to an annual report from the American Society of Plastic Surgeons. 'Consumer confidence was up, auto sales rose 10 percent, so it is not surprising that we would also see increased demand for plastic surgery procedures,' the group's president, Malcolm Z. Roth, said in a statement.Still, Americans got fewer nose jobs, facelifts and other big-ticket surgeries than in 2005, when they peaked at 2.1 million. People are going to the same doctors, though, for Botox injections, facial fillers and other forms of non-surgical primping:"

Stocktwits blog calls it the Boob Indicator. What we are seeing is the second consecutive year for growth.

According to statistics released by the American Society of Plastic Surgeons (ASPS), 13.8 million cosmetic plastic surgery procedures (both surgical and minimally invasive) were performed in the United States in 2011, up 5 percent since 2010.

Still, let's get this in perspective. Face lifts are only a fraction of plastic surgeries – bigger breasts are what's keeping the cosmetic surgery industry afloat. They're also a set of economic indicators.

Photo source TheChanel


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