Economic Indications

September 10, 2008

The George Street Burger King has closed. This is the strongest indicator of imminent global recession that I have seen so far.

It will be good for my waistline. Now I will have to walk further to another Burger King for my dinner.

I knew that markets were tough. I spent couple of hours today in going through the various business forecast reports and my yet-to-be-paid credit card bills. Fortunately my employer is better placed than a City fast food outlet. We are unlikely to be turning customers away.

I wonder if any economists would be interested in my Burger Unit Number (BUN) Index (patent pending) for modelling purposes?


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