Tuesday, October 14, 2014

If you want to know how the economy is doing, look inside America's mouth

If you want to know how the economy is doing, look inside America's mouth - CNET
"I am here to reveal, therefore, that the future of the American economy is in the hands of dentists. How do I know this? I have data before me that says the state of our mouths is sending us into a little recession.
Provided by business intelligence app Sikka, these numbers say America's economy is getting sicker.
Specifically, 2014 has seen a reduction in the purchase of crowns, veneers and implants from dentists. These are, allegedly, often cash payments and express a measure of the country's prosperity.
This year, dentists haven't managed a June surge in average daily net production. This doesn't augur well. Indeed, our teeth are chattering that there is to be a downturn.
CEO Vijay Sikka says that he's been collating dental data since 2008. He analyzed 12,200 dental practices and believes the results closely correlate with economic performance.
Sikka told me: "This is the first research of its kind to be published in the dental industry. We have an unprecedented ability to see real-time trends and data. What is happening in these providers' practices, with more than 300 million American patients represented, is tied to broader economic trends."

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