No Slump in Sales
The Professional Beauty Association’s (PBA) Salon and Spa Performance Index (SSPI) hit a record high the first quarter of this year, but that didn’t stop the second quarter’s results from topping it. The SSPI, a quarterly composite index that tracks the health of and outlook for the U.S. salon/spa industry, stood at 103.6 in the second quarter, an increase of 0.5% from the first quarter record.
“The beauty industry touches just about every consumer, every day, in some form or another,” says Sam Leyvas, PBA’s associate executive director. “As the broader economy continues to show signs of rebounding, the Salon and Spa Performance Index is a good measure of how consumers are returning to normal, everyday products and services as their optimism increases.” For more information on the SSPI report, visit ProBeauty.org/research.