The recession and the tooth fairy
New survey finds that even the tooth fairy is feeling the economic crunch and leaving less money under kids' pillows.
Tue, Mar 06 2012 at 8:00 AM
How much money does the tooth fairy leave in your house? Is it less now than it was in the past? Don't worry, it's not due to the quality of the teeth left under the pillow. A new poll has found that even the tooth fairy is feeling the bite of the economic recession, leaving less money under kids' pillows than in the past.
According to The Original Tooth Fairy Poll
, a survey conducted by the dental health insurance company, Delta Dental, the average gift from the tooth fairy dropped to $2.10 last year from $2.52 in 2010. That's a drop of 42 cents or 17 percent, which is one of the larger declines since Delta Dental began conducting the Original Tooth Fairy Poll in 1998.
The good news is that the tooth fairy is still happily employed and working hard, visiting as many as 90 percent of the homes in the U.S. each year. The Original Tooth Fairy Poll also found that the most common amount left under the pillow by the Tooth Fairy is $1, while most kids generally get more money for their first lost baby tooth.
What does the tooth fairy fare say about the overall state of the economy? According to Delta Dental, The Original Tooth Fairy Poll is unfortunately a good barometer of the economy's overall direction, tracking with the movement of the Dow Jones Industrial Average in seven of the past 10 years.
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