NEW YORK — Economists can’t predict the economy, but maybe hemlines can.

Expect the economy to improve by spring because most women will then be wearing shorter skirts, according to a hot-off-the-press Taubman Centers Inc. survey utilizing "the hemline indicator." It’s the decades-old, notoriously accurate forecasting tool that says when hemlines go north, so does the economy. And there’s some solid rationale behind it: When women loosen up their look, they get loose on the spending side, too.

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