2008-04-24

As Economy Slows, So Do Laser Eye Surgeries

Call it the Lasik indicator. With the weak economy forcing consumers to cut back on discretionary spending, the number of laser vision-correction surgeries has been falling — as it did during the last recession.

More than 800,000 Americans underwent Lasik surgery in 2007, a slight increase from 2006. But the numbers started slumping along with the economy in the second half of last year. And industry analysts are now predicting a Lasik recession.

“We’re forecasting a 17 percent drop for 2008,” said David Harmon, president of Market Scope, an eye surgery market research house.

source: BlueRidgeNow.com

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