Hemline index

The hemline index is a theory holding that skirt hemlines rise and fall along with stock prices, with the most commonly cited version claiming that hemlines shorten during prosperous times, such as the 1920s and 1960s, and lengthen during downturns, such as after the 1929 crash, though an alternative version reverses the correlation and links longer skirts to the prosperity of the 1950s. The idea is often, but incorrectly, credited to economist George Taylor in 1926; his actual 1929 thesis examined how hemline length contributed to the growth of the hosiery industry in the 1920s and did not itself propose a hemline to economy correlation. A non peer reviewed 2010 study found some evidence for the correlation, reporting that the economic cycle leads changes in hemline length by roughly three years. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/