Crossword Genius

Report on economic success indicates it's a joke! (4,4)

Ross

I believe the answer is:

boom boom

'it's a joke' is the definition.
(phrase often said after telling a joke)

'report on economic success' is the wordplay.
'report' becomes 'boom' (I've seen this before).
'on' means one lot of letters go next to another.
'economic success' becomes 'boom'.
'boom'+'boom'='BOOM BOOM'

'indicates' is the link.

I've seen this clue in The Guardian.
Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.