Dating in recession
Stock prices reflect anticipated earnings of public companies.
Investors' expectations are sometimes too optimistic, and sometimes too pessimistic.
According to the Love Geist report, 96 per cent of singles claim to be searching for a partner who makes them feel secure emotionally rather than financially.
Singles are seeking the comfort of a loving relationship to counteract the pressures placed on them as a result of the tough economic climate. Cecilia d’Felice, expert in all aspects of emotional wellbeing and relationships, explains in The Love Geist report: “[In times of anxiety] we know that people will tend to cling together more and that they will perhaps start to value the things that are not so materially obvious.
So why has the online dating industry excelled while others have been finding it hard to stay above water?
Now that we have to consider exactly where every penny is going, and in many cases make a lot of cut backs, it has become apparent that we receive most rewards from the relationships in our lives.
Therefore immaterial values are being replaced with more wholesome ones.
The NBER uses the skill, judgement, and expertise of its commissioners to determine whether the country is in a recession. It can use monthly data to determine when a peak has occurred, and the economy has just started to decline.
That allows it to be more precise and timely in its measurements. It's the official arbiter of economic expansions and contractions.
Meals out have been replaced by cooking at home, trips to the cinema and nights out bowling ousted for nights in with a DVD or the Wii, and that morning coffee on the way to work has been upstaged by a more modest instant brew in a thermos flask.