Rick's Cabaret Recession Index

Extracted Attributes

• Type

  Unconventional economic indicator / Recession index

• Basis

  Discretionary spending, specifically cash tips in adult entertainment venues

• Purpose

  Predict economic trends, particularly recessions

• Mechanism

  When economic conditions tighten, discretionary spending on nightlife and entertainment shifts, impacting cash-heavy businesses.

• Also Known As

  Stripper Index

• Primary Entity

  Rick's Cabaret (a hospitality holding company)

• Current Challenge

  Potential invalidation due to disruption from OnlyFans.

• Historical Accuracy Claim

  Reportedly predicted 2008 Great Recession and 2022 economic decline.

• Founding Year of Rick's Cabaret

  1983

• Public Listing Year of Rick's Cabaret

  1995

• Number of Establishments (Rick's Cabaret)

  Over 50

Timeline

• Rick's Cabaret, the primary entity associated with the index, was founded. (Source: Web Search Results)

  1983

• Rick's Cabaret went public, transforming into a leading hospitality holding company. (Source: Web Search Results)

  1995

• The "Stripper Index" reportedly predicted the Great Recession. (Source: Web Search Results)

  2008

• The "Stripper Index" reportedly predicted a cycle of economic decline. (Source: Web Search Results)

  2022

• The potential invalidation of the Rick's Cabaret Recession Index due to disruption from OnlyFans was discussed on the All-In Podcast. (Source: Related Documents)

  Undated (2024)

Haiti

Haiti, officially the Republic of Haiti, is a country in the Caribbean on the island of Hispaniola in the Caribbean Sea, east of Cuba and Jamaica, and south of the Bahamas. It occupies the western three-eighths of the island, which it shares with the Dominican Republic. Haiti is the third largest country in the Caribbean, and with an estimated population of 11.4 million, is the most populous Caribbean country. The capital and largest city is Port-au-Prince. Haiti was originally inhabited by the Taíno people. In 1492, Christopher Columbus established the first European settlement in the Americas, La Navidad, on its northeastern coast. The island was part of the Spanish Empire until 1697, when the western portion was ceded to France and became Saint-Domingue, dominated by sugarcane plantations worked by enslaved Africans. The 1791–1804 Haitian Revolution made Haiti the first sovereign state in the Caribbean, the second republic in the Americas, the first country in the Americas to officially abolish slavery, and the only country in history established by a slave revolt. The 19th century saw political instability, international isolation, debt to France, and failed invasions of the Dominican Republic, including a costly war. U.S. forces occupied Haiti from 1915 to 1934, followed by dictatorial rule of the Duvalier family (1957–1986). After a coup d'état in 2004, the United Nations intervened. In the 2010s, a catastrophic earthquake and a large-scale cholera outbreak devastated the country. Historically poor and politically unstable, Haiti has faced severe economic and political crises, gang activity, and the collapse of its government. One of the world's least developed countries, and with no elected officials remaining, Haiti has been described as a failed state. Over 1.3 million Haitians have been displaced by gang violence. Haiti is a founding member of the United Nations, Organization of American States, Association of Caribbean States, and the Organisation internationale de la Francophonie. In addition to CARICOM, it is a member of the International Monetary Fund, World Trade Organization, and Community of Latin American and Caribbean States.

Web Search Results

• No recession, according to a reliable inflation-resistant 'Index'

  Analysts are titillatingly optimistic and expect ‘Index’ earnings to grow 20.7% per year, over the next few years. ### ‘Index’ facts Leading entertainment sites Gothamist, Thrillist, Time Out, Trip Savvy, and Yelp have named Rick's Cabaret and other ‘Index’ clubs to their Best Strip Club lists. Zagat's New York Nightlife and Time Out New York TONY 100 lists of fine Manhattan dining establishments have featured Rick's Cabaret steakhouse restaurant. [...] Founded in 1983, the ‘Index’ pioneered the creation of elegant gentlemen's clubs featuring beautiful topless dancers and high quality restaurant service. Since going public in 1995, the whispered ‘Index’ has transformed into a leading hospitality holding company. Its subsidiaries own and operate over 50 establishments under multiple brands throughout the US: Rick's Cabaret: Elegant clubs with restaurants Scarlett's Cabaret: High-end, high-energy “party" style club [...] The ‘Index’ has built powerful brand name awareness for its upscale environments and enjoyable adult entertainment, and all its economic indicators are pointing up. Revenues are growing: December 2019: $185.4 million December 2020: $122.3 million (Covid lockdown) December 2021: $218.7 million March 2022 (Last 12 months): $238.3 million Estimated September 2022 (12 months): $265.1 million Earnings are up: December 2019: $19.6 million December 2020: -$2.1 million (Covid lockdown)

• The Stripper Index: An unorthodox recession measurement

  An index that says if strippers, who rely on cash tips in their line of work, see significantly less money for an extended period of time, then the economy is

• Austin exotic dancers: Real recession indicator? Forget the Fed or ...

  . ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein. Undo Undo Undo Undo Undo Undo Undo Undo Undo Undo Undo Undo Undo [...] Follow us on: Download ET App: []( []( subscribe to our newsletter Copyright © 2025 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication ServiceCookies Settings Find this comment offensive? Choose your reason below and click on the Report button. This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others Your Reason has been Reported to the admin. X [...] MORE Top Definitions DerivativesQuarterStock MarketFreelancerPut Call Ratio MORE Most Searched IFSC Codes Canara BankIndia Post Payment Bank Post Office Savings Bank All India Single Ifsc Delhi Delhi IPOS0000DOPAxis BankBank Of IndiaBank Of Baroda Uttar Pradesh MORE Top Story Listing Smallcap StocksUanParliamentSukanya Samriddhi YojanaSensex Crash MORE Private Companies Zoho Corporation Private LimitedAdp Associates Private LimitedLeaps Bounds Private LimitedModicare Limited

• Are strippers a good predictor of a recession? An Unconventional ...

  Over the years, some economists and business analysts have pointed to the adult entertainment industry — particularly strip clubs — as an unexpected yet telling recession indicator. The idea behind the so-called "Stripper Index” stems from a fascinating correlation: when economic conditions tighten, discretionary spending patterns, including nightlife and entertainment, shift significantly. [...] Is the Stripper Index a legitimate tool? Probably not in isolation—but it’s a reminder that economies are not just numbers — they are human behaviors aggregated at scale. Paying attention to alternative signals can provide early warnings that traditional data might miss. #Economics #MarketTrends #Recession #ConsumerBehavior #BusinessStrategy #EconomicTrends #BehavioralEconomics #MarketInsights #RecessionIndicators Global Pulse ### Global Pulse #### 184 followers + Subscribe Like Like [...] Why Does This Happen? 1. Discretionary Spending Cuts: White-collar professionals reduce luxury expenses (bottle service, private dances) early in financial uncertainty. 2. Psychological Shifts: Economic anxiety drives either "escape spending" (seeking temporary relief) or austerity, depending on income levels. 3. Cash Flow Clues: Strippers often operate in a cash-heavy economy, making their earnings a real-time pulse on disposable income. Key Takeaway

• The Stripper Index: Decoding the Economic Signals of Sex Work

  AmazonBerkeleyBidenbusinesschinacollegeconsumerCoronavirusCOVID-19cryptocurrencydebteconomicsEconomyeducationenvironmentEuropefashionFedFinancefinancial literacyGDPgovernmentgrowthindustryinflationinternationalInvestinginvestmentloansmarketmoneyNetflixpandemicpolicypoliticsRecessionRussiastock marketStocksstreamingsustainabilitytechnologyUkraineUnited Statesventure capital [...] As Reddit user solo118 jokes, “when patrons can’t afford to throw a few singles in the air, or pay for a $20 lap dance, we might be up shit’s creek.” Sex work predicted the 2008 Great Recession and the cycle of economic decline in 2022, and economists have begun to grasp the relationship between the sex industry, the microeconomics of observing consumer spending, and national economic cycles. The Stripper Index not only offers a new perspective on predicting economic trends but also emphasizes [...] These traditional economic indicators serve as barometers of economic health because they offer a comprehensive view of an economy’s overall well-being. For example, a robust GDP growth rate suggests economic expansion, while high inflation rates can erode the value of money and create instability, usually indicating the beginning of an economic recession.