Latest news with #GeorgeTaylor
Yahoo
25-05-2025
- Business
- Yahoo
What Is the Hemline Index, and Is It an Accurate Recession Indicator?
The 'hemline index' is one of those economic theories that never quite disappears. Popularized in the 20th century, it claims a correlation between skirt lengths and the stock market: shorter hemlines in boom times, longer ones in downturns. Over time, this idea evolved into a broader suggestion: Fashion reflects the health of the economy. But it's far from straightforward. Read Next: Find Out: In today's world, the idea that hemlines act as a reliable economic barometer may be out of step with reality. Also see five alarming signs you're not ready for a recession. The hemline index is often linked to George Taylor, a Wharton economist in the 1920s. He's widely credited with observing a link between rising skirt lengths and rising markets, but the story is more complicated, as he never actually linked skirt lengths to economic cycles. His 1929 Ph.D. thesis examined the rapid growth of the hosiery industry in the 1920s, according to InStyle, identifying shorter skirts as one reason women were buying more stockings, not as a signal of economic change. Over time it's been oversimplified and reshaped into a so-called market indicator that's been repeated in headlines, books and investment commentary. Be Aware: In theory, the idea makes some sense: When the economy is strong, fashion might be more 'daring,' while economic downturns bring more conservative styles. In practice, the pattern isn't quite as consistent. A 2023 study by researchers at Erasmus University Rotterdam tested the theory against real economic data and found that while there is a relationship between hemlines and the economy, it runs on a delay. It found that skirt lengths tend to change about three years after the economy does. An earlier study from 2015 had similar results, though with a four-year time lag. That suggests longer skirts may reflect a previous downturn, not a coming one. The hemline index is certainly a fun story, but is it a genuine forecasting tool? While some studies have looked into the relationship between skirt lengths and economic conditions, they suggest influence, not a true economic indicator, which is data used to assess or predict economic performance. It makes sense that economic conditions might shape what people buy and wear, but that doesn't make skirt lengths a reliable signal for what markets will do next. Real economic insight comes from actual data, not what's trending on the runway. More From GOBankingRates Are You Rich or Middle Class? 8 Ways To Tell That Go Beyond Your Paycheck Sources InStyle, 'Is the Hemline Index Actually Real?' Erasmus University Rotterdam, 'The Hemline index: true or false?' Journal of the Korean Society of Clothing and Textiles, 'Does Economy Dictate Hemline Move? Verification of the Hemline Theory.' This article originally appeared on What Is the Hemline Index, and Is It an Accurate Recession Indicator?
Yahoo
25-05-2025
- Business
- Yahoo
What Is the Hemline Index, and Is It an Accurate Recession Indicator?
The 'hemline index' is one of those economic theories that never quite disappears. Popularized in the 20th century, it claims a correlation between skirt lengths and the stock market: shorter hemlines in boom times, longer ones in downturns. Over time, this idea evolved into a broader suggestion: Fashion reflects the health of the economy. But it's far from straightforward. Read Next: Find Out: In today's world, the idea that hemlines act as a reliable economic barometer may be out of step with reality. Also see five alarming signs you're not ready for a recession. The hemline index is often linked to George Taylor, a Wharton economist in the 1920s. He's widely credited with observing a link between rising skirt lengths and rising markets, but the story is more complicated, as he never actually linked skirt lengths to economic cycles. His 1929 Ph.D. thesis examined the rapid growth of the hosiery industry in the 1920s, according to InStyle, identifying shorter skirts as one reason women were buying more stockings, not as a signal of economic change. Over time it's been oversimplified and reshaped into a so-called market indicator that's been repeated in headlines, books and investment commentary. Be Aware: In theory, the idea makes some sense: When the economy is strong, fashion might be more 'daring,' while economic downturns bring more conservative styles. In practice, the pattern isn't quite as consistent. A 2023 study by researchers at Erasmus University Rotterdam tested the theory against real economic data and found that while there is a relationship between hemlines and the economy, it runs on a delay. It found that skirt lengths tend to change about three years after the economy does. An earlier study from 2015 had similar results, though with a four-year time lag. That suggests longer skirts may reflect a previous downturn, not a coming one. The hemline index is certainly a fun story, but is it a genuine forecasting tool? While some studies have looked into the relationship between skirt lengths and economic conditions, they suggest influence, not a true economic indicator, which is data used to assess or predict economic performance. It makes sense that economic conditions might shape what people buy and wear, but that doesn't make skirt lengths a reliable signal for what markets will do next. Real economic insight comes from actual data, not what's trending on the runway. More From GOBankingRates Clever Ways To Save Money That Actually Work in 2025 Sources InStyle, 'Is the Hemline Index Actually Real?' Erasmus University Rotterdam, 'The Hemline index: true or false?' Journal of the Korean Society of Clothing and Textiles, 'Does Economy Dictate Hemline Move? Verification of the Hemline Theory.' This article originally appeared on What Is the Hemline Index, and Is It an Accurate Recession Indicator? Sign in to access your portfolio
Yahoo
24-05-2025
- Yahoo
1 killed, 1 hurt in Summit County crash
SUMMIT COUNTY, Ohio (WJW) — The Ohio State Highway Patrol is investigating a Saturday morning crash that left an 18-year-old dead. Woman killed, others injured in milk tanker crash in Holmes County: Investigators According to a news release from the Akron Post, a Volkswagen Jetta driven by 22-year-old George Taylor of Hartville, Ohio was going south on SR 241 just north of Clayben Dr. around 1:30 a.m. when the car went off the right side of the road and hit a guardrail and utility pole. The vehicle overturned and came to rest upright in the road, the release said. Taylor was taken to the hospital with non-life-threatening injuries. His passenger, 18-year-old Isabelle Grubaugh, of Akron, died from injuries she sustained in the crash. Community pays respects at calling hours for teen killed in lacrosse accident According to the release, drugs and/or alcohol appear to have played a role in the crash and neither occupant was wearing a seatbelt. No other vehicles were involved. The crash remains under investigation. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Vogue Singapore
23-05-2025
- Entertainment
- Vogue Singapore
9 midi skirt styles to ace the It-girl brief
Courtesy of Miu Miu If The Hemline Index—proposed by economist George Taylor in 1926—has any truth to its obvious whimsy, it seems we're headed for a recession. In contrast to the carefree attitude that comes with wearing a frothy mini, the industry is suggesting we give our skirts more fabric, pulling hemlines downwards over the knees. A sign of the times it may be, but it's one the zeitgeist is surely on board with—no matter the connotations. From the runways to the streets, the chic result of an organised takeover has us all convinced: the midi skirt is here to stay. Over the fall/winter 2025 season, fashion houses ruled in favour of the unassuming skirt style, which once carried a reticent quality to it. Instead, the midi was reclaimed in exquisite impressions. There were the delicious sculptures that played with volume and texture, such as the peplum, fringe-style skirts on Pieter Mulier's Alaïa runway. A sensual approach to styling also had a big part to play in the recent season; one might recall the effortless '90s feel of Calvin Klein's corporate refresh. Yet one can't possibly discuss the midi skirt revival without bringing Miuccia Prada's name into the pit; be it the Y2K candor at Miu Miu or the directional shapes at Prada. Alaïa fall/winter 2025. Getty Calvin Klein fall/winter 2025. Courtesy of Calvin Klein Prada fall/winter 2025. Courtesy of Prada Off the runway, the midi is one all the It girls are pulling out of their wardrobes as well. On any given day, one could scroll their social media feeds and find the likes of Gabbriette, Charli XCX or Alex Consani sporting a midi with ease, paired to an itty-bitty top no less. Cementing her cool girl status further over in Seoul, we've also been on the receiving end of Seulgi's layered skirt delivery in her recent teaser images for an impending comeback with fellow member Irene. And if you're asking Rihanna, it seems a Miu Miu midi was the only way to go for her third baby bump reveal. With its staying power a given, here comes the catch. Its diverse silhouettes run the gamut from updated pencil options to layered sheer numbers to choose from. But never say never, at least where we're concerned. Here, a Vogue -approved edit of midi skirt styles to cop, with only more to come once fall rolls around. Courtesy of Prada 1 / 45 The sculptural skirt: Prada Courtesy of Net-a-Porter 2 / 45 Tolu Coker wool midi skirt, $486 Available at Net-a-Porter. Courtesy of Farfetch 3 / 45 Khaite midi skirt, $1,651 Available at Farfetch. Courtesy of Ssense 4 / 45 Bless midi skirt, $600 Available at Ssense. Courtesy of Ssense 5 / 45 Hodakova blazer midi skirt, $1,835 Available at Ssense. @hi_sseulgi 6 / 45 The layered skirt: Seulgi of Red Velvet Courtesy of Ssense 7 / 45 AO Yes layered sheer skirt, $530 Available at Ssense. Courtesy of Ssense 8 / 45 Cecile Bahnsen midi skirt, $1,286 Available at Ssense. Courtesy of Net-a-Porter 9 / 45 The Frankie Shop organza midi skirt, $124 Available at Net-a-Porter. Courtesy of Net-a-Porter 10 / 45 16Arlington tulle midi skirt, $549 Available at Net-a-Porter. Courtesy of Miu Miu 11 / 45 The pencil skirt: Miu Miu Courtesy of Net-a-Porter 12 / 45 Veronica de Piante leather skirt, $1,824 Available at Net-a-Porter. Courtesy of Net-a-Porter 13 / 45 The Row wool-blend skirt, $1,863 Available at Net-a-Porter. Courtesy of Net-a-Porter 14 / 45 Another Tomorrow crepe skirt, $467 Available at Net-a-Porter. Courtesy of Net-a-Porter 15 / 45 Courrèges pinstriped skirt, $429 Available at Net-a-Porter. @gabbriette 16 / 45 The classic Y2K: Gabbriette Courtesy of Cettire 17 / 45 Miu Miu midi skirt, $1,349 Available at Cettire. Courtesy of Ssense 18 / 45 ShuShu/Tong skirt, $540 Available at Ssense. Courtesy of Ssense 19 / 45 Wales Bonner midi skirt, $1,221 Available at Ssense. Courtesy of Prada 20 / 45 Prada floral print skirt, $2,750 Available at Prada. Courtesy of Simone Rocha 21 / 45 The sheer skirt: Simone Rocha Courtesy of Ssense 22 / 45 Acne Studios floral midi skirt, $1,053 Available at Ssense. Courtesy of Ssense 23 / 45 Dries Van Noten silk midi skirt, $853 Available at Ssense. Courtesy of Ssense 24 / 45 Rokh printed midi skirt, $299 Available at Ssense. Courtesy of Net-a-Porter 25 / 45 Simone Rocha organza midi skirt, $811 Available at Net-a-Porter. @india_amarteifio 26 / 45 The pleated skirt: India Amarteifo Courtesy of Net-a-Porter 27 / 45 The Row woven midi skirt, $1,105 Available at Net-a-Porter. 28 / 45 Khaite wool-blend midi skirt, $1,331 Available at Net-a-Porter. Courtesy of Ssense 29 / 45 Thom Browne midi skirt, $2,570 Available at Ssense. Courtesy of Net-a-Porter 30 / 45 Purdey jersey tennis skirt, $464 Available at Net-a-Porter. Courtesyof Max Mara 31 / 45 The knitted skirt: Max Mara Courtesy of Cettire 32 / 45 Max Mara knitted skirt, $523 Available at Cettire. Courtesy of Net-a-Porter 33 / 45 Ulla Johnson ribbed skirt, $362 Available at Net-a-Porter. Courtesy of Dissh 34 / 45 Dissh skirt, $295 Available at Dissh. Courtesy of MyTheresa 35 / 45 Lisa Yang cashmere-blend skirt, $640 Available at MyTheresa. @miumiu 36 / 45 The A-line skirt: Alisha Boe Courtesy of Peachy Den 37 / 45 Peachy Den midi skirt, $210 Available at Peachy Den. Courtesy of Net-a-Porter 38 / 45 Erdem cotton poplin midi skirt, $624 Available at Net-a-Porter. Courtesy of Cos 39 / 45 Cos denim A-line midi skirt, $225 Available at Cos. Courtesy of Ssense 40 / 45 Comme Des Garçons midi skirt, $2,950 Available at Ssense. Courtesy of Michael Kors 41 / 45 The wrap skirt: Michael Kors Courtesy of Arket 42 / 45 Arket linen wrap skirt, $125 Available at Arket. Courtesy of Net-a-Porter 43 / 45 Loro Piana belted skirt, $4,301 Available at Net-a-Porter. Courtesy of Net-a-Porter 44 / 45 Victoria Beckham pinstriped midi wrap skirt, $530 Available at Net-a-Porter. Courtesy of Net-a-Porter 45 / 45 Joseph midi wrap skirt, $348 Available at Net-a-Porter.
Yahoo
04-03-2025
- Yahoo
Speeding Teen Recorded Driving With His Knees Before Horrific Crash
Read the full story on The Auto Wire We know kids do stupid things, but a teenager who was speeding, driving with his knees, and more caused a crash that left a mother paralyzed. In other words, what he did was beyond stupid, crossing into reckless and more. Now, he's learning a hard lesson in consequences he apparently skipped earlier in 17-year-old, George Taylor, was blasting down the A47 near Norwich, UK as he filmed himself driving with his knees, uploading the footage to social media. Authorities say he also made a couple of phone calls and sent a text, as well as recorded five videos. In other words, he was distracted and driving well beyond the speed limit, a truly dangerous combination. He surely felt invincible at the time, otherwise why would he do such a thing? But that all came apart when he failed to see a car in front of him waiting to turn right, Plowing into it, the other driver suffered cardiac arrest, but thankfully was saved by an off-duty paramedic who just happened to be at the scene. She almost died in the hospital, but now the previously active 40-something is paralyzed from the neck down, unable to move, speak, or even breathe on her own. The teenager took all that away to record some funny videos. What's worse, Taylor passed his driver's test just 12 weeks before. He not only knew better but had little experience behind the wheel, so he should've been far more cautious. After a court hearing, he was sentenced to 26 months in a young offender institution. Some feel Taylor got off too easy, that his punishment should've been more severe. We can certainly understand that sentiment. Parents of teenage and young adult drivers: do all you can to help your kids understand just how dangerous driving recklessly is. Reinforce safe driving practices by example and explicitly teaching them. And help them to understand the consequences of not being safe behind the wheel can be harsh. Source: BBC Image via ITV News/YouTube Join our Newsletter, subscribe to our YouTube page, and follow us on Facebook.
