Astrology has grown into a $3 billion online industry
Astrology has grown into a $3 billion online industry
Roughly 30% of American adults say they consult horoscopes, tarot cards or fortune tellers at least once a year.
Read the full article on CBS US
Truth Analysis
Analysis Summary:
The article's claim about the astrology market size is questionable, with conflicting figures from different sources. While the article doesn't exhibit extreme bias, there's a slight slant towards highlighting the industry's growth without critical examination. The claim about 30% of American adults consulting horoscopes is unverified by the provided sources.
Detailed Analysis:
- Claim: Astrology has grown into a $3 billion online industry
- Verification Source #2: CBS News on Facebook mentions "Astrology has grown into a $3 billion online industry".
- Verification Source #3: States the online astrology market was a $2.2 billion industry as of June 2021.
- Verification Source #5: Claims the online industry would hit $3 billion by 2020.
- Verification Source #1: Claims the Astrology Market Size was valued at $12.8 billion in 2021.
- Assessment: Contradicted. The $3 billion figure is mentioned, but other sources cite different values, including $2.2 billion (in 2021) and $12.8 billion (in 2021 for the overall market, not just online). The $3 billion figure seems outdated based on source 5.
- Claim: Roughly 30% of American adults say they consult horoscopes, tarot cards or fortune tellers at least once a year.
- Assessment: Unverified. None of the provided sources confirm this statistic.
Supporting Evidence/Contradictions:
- Source 1: "Astrology Market Size was valued at $12.8 billion in 2021"
- Source 3: "Technology & the $2.2 Billion Astrology Market"
- Source 5: "online industry will hit $3 billion by 2020"