The Christmas Lighting Indicator
Economists have various ways of measuring the economic health of our nation, but I have a theory of my own.
Let's call it the Christmas Lighting Indicator.
I have found over the years that the number of people putting up Christmas displays and lights at their homes is a good way to determine the mood of people.
If things are going well, people are happy and optimistic – so up go the lights. If not, then the streets can be pretty dim at Christmas time.
In recent years, with the economy in the doldrums, there have been a lot fewer lights.
This year, I am noticing more homes with lights, including ones that normally don't decorate.
Christmas lighting is a luxury for many folks. This year, people seem more willing to accept the higher power bills, and that tells me they feel like they are doing pretty well economically.