For years Delta Dental has been tracking how much the Tooth Fairy pays and comparing it to the S&P 500 stock index. Turns out she is a pretty good predictor of how the economy is going!
According to Delta Dental’s 13th annual Tooth Fairy survey, cash payouts have soared during 2016 to an all-time high average of $4.66, good for a 75-cent increase from 2015.
And it’s not just exciting news for the kids — the Tooth Fairy’s generosity has historically been a good indicator of the economy. The poll shows the Tooth Fairy’s cash payout increase is within a percentage point of the S&P 500’s, continuing the survey’s pattern of following the index’s direction for 12 of the past 13 years.
Last year, the Tooth Fairy paid about $290.6 million in the U.S. for lost teeth, a 13.5% increase from 2015. Cash payouts for a first lost tooth are up about 10% to $5.72. First-tooth payouts are typically higher than average.
Read the full article “Tooth Fairy’s 2016 Cash Payouts Hit an All Time High” HERE