Coffee Prices Forecast Economy

I thought it used to be skirt length that forecasted stock prices and the economy in general. But according to Las Cruces Sun-News, it’s the price of coffee, more specifically the sales of coffee that can help in forecasting the economy. Apparently, healthy coffee sales mean people are will to spend more on discretionary items and services. But ask any caffeine addict and they’ll tell you, coffee isn’t discretionary its a necessity! Anyway, it’s an interesting read that ties in trucking and underwear into the economic forecasting mix. You can read the whole article here.