More Latte Index News

Wait, here’s yet another offbeat economic indicator, this time from the New York Times: sunglasses. In a story today, the Times says designer and high-end sunglasses are one luxury item people are still willing to splurge on, particularly young girls.

Prices for designer sunglasses have jumped to $350 or more in recent months, from an average of $250, retailers say, and the price spike has not turned off shoppers.