Another Leading Indicator: Rock Concert Cancelations

from Rolling Stone:
The worst-selling summer concert season in recent memory has claimed another victim — Lilith Fair, which on Thursday canceled 10 shows, adding to a grim list that includes U2, Christina Aguilera, Limp Bizkit, Simon & Garfunkel, certain Eagles stadium dates and Rihanna's tour opener originally scheduled for tonight. "It's the reality of this summer," says Terry McBride, Lilith Fair's co-founder. "It's just across the board. Main Street is still in recession. We're not out of this yet. Did we see that four months ago? I don't think anyone did."