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Divorce Index Says Economy Is Booming!

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Fed Head Ben Bernanke, in his testimony before the House Budget Committee this week, sounded a bit more upbeat on the economic outlook and predicts a better 2011 outlook than what the central bank had forecast in 2010.

But we don’t need Bernanke to tell us that our national economy is on the mend: we have the Divorce Index!

NPR explains that, in a grim sign of the economic recovery, the divorce rate, which dipped during the downturn, is now on the rebound:

“Divorce is expensive, so when the economy tanked, a lot of unhappy couples decided it just wasn't the time to split. Some held off when they couldn't sell their home. Federal figures suggest the divorce rate fell about 7 percent between 2006 and 2009, and divorce lawyers across the country saw business dry up. But that's changing.”

Read the whole piece here. For the tip, we thank Dr. Mark Perry of Carpe Diem.
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