That means it’s worth understanding what we’re actually talking about when we talk about a recession. Before we look at indicators and how they affect aesthetics, let’s start with the basics.
WHAT YOU’LL LEARN:
- Why recessions are difficult to diagnose.
- The key economic indicators economists watch—and how they translate to aesthetic demand.
- How unemployment trends, GDP slowdowns, and inflation influence patient spending behavior.
- The surprising “non-traditional” signals that may foreshadow tightening consumer spending.
- How discretionary spending elasticity shows up in Botox, filler, skincare, packages, and retail sales.
- How to build recession resilience.
Tags:
medspa recession, aesthetic industry trends, consumer confidence, economic indicators, medspa business strategy, elective procedure demand, recession planning, GDP slowdown, inflation and aesthetics, financial planning
Share The Love:
If you like MedSpa Money Matters…
Never miss an episode by subscribing via Apple Podcasts, Spotify, Amazon Music, or by RSS!
