Or it could be that people are just tipped out. I hadn't been to a strip club in several years but I got dragged to one a few months back by a friend and I got to tell you the money that these girls wanted seem to astronomically high for the service that they were providing. Maybe people are just fed up with it and spending their discretionary income in other ways. The girls turn their nose up at a couple dollars on…
I don't know what kind of strip club you attended but the "average rate" for a 1-on1 dance is $20 (sometimes with an additional fee for the private room). That's for 1 song, typically 4-5 minutes. That equates to about $240 for an entire hour. Paying for a stripper to spend an hour with you is excessive, unless you are a high roller or are (as many are) expecting more than just a dance. Maybe you visited a "high end"…
Someone living in NYC can fly there for $400. That same flight to Las Vegas is not much less money.
This is why industry-specific indexes don’t work. It can’t capture industry-specific changes to the offering and its surrounding alternatives.
E.h., clubs could be empty due to consolidation and lack of competition and abnormally high prices compared to the past.
E.g., the Big Mac index falls apart if McDonald’s changes its business model away from low cost food and more toward higher pricing and lower volume.
E.g., legal brothels in Nevada are becoming more rare as more shut down and the difficulty of starting a new one is high.
E.g., the stripper index could be inaccurate if more or fewer men are in happy sexually active relationships. You’d have control for that variable.
E.g., the stripper index could be irrelevant in Las Vegas as it transitions to being more of a family, sports, and conference destination rather than a bachelor’s playground.
E.g., the stripper index could become less relevant as more men trend away from being comfortable with the idea of strip clubs in the first place (just like how Hooters went from nearly a family restaurant to being super weird, and how Playboy used to be a respectable mainstream publication but is now much less so).