Is Friday 13th an economic drag? Probably not

Noel King Jun 13, 2014
HTML EMBED:
COPY
A man looks with horror at his diary realising it is Friday the 13th. Jacobsen /Three Lions/Getty Images

Is Friday 13th an economic drag? Probably not

Noel King Jun 13, 2014
A man looks with horror at his diary realising it is Friday the 13th. Jacobsen /Three Lions/Getty Images
HTML EMBED:
COPY

When Friday the 13th rolls around, we often hear reports that the date is unlucky for the economy. Superstitious employees, we’re told, call out sick from work, frightened flyers cancel plane tickets and more than a few of us won’t leave the house to go shopping. So, is it true? 

Dan Ilves, senior vice president of leisure at Travel Store, is inclined to call it bunk.

“I’ve never heard of a client or had a client tell me they will absolutely not fly on Friday the 13th,” Ilves said. 

Lisa Hale, who directs the Kansas City Center for Anxiety Treatment, says that while 25 percent of the population cops to being superstitious, only about 1 percent identify as “very superstitious.” Those folks might avoid the workplace on Friday the 13th, but, Hale points out,  superstitious people help pump money into the economy, too. Someone, after all, is buying all those lucky rabbit foot keychains. 

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.