Economy
Beauty salons have proven to be a recession-proof industry in the United States. Although sales had declined from 2008 highs, they remain robust with long term positive forecast. The market is distributed widely across America, with a concentration in the Northeast and Midwest. The US Labor Department estimates employment will increase the industry, in the United States will increase 20% between 2008–2018, with greatest employment growth from skin care specialists.
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Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)