Thursday, April 09, 2009
photo from Google Images
Men's Underwear Sales Reveal Economic Shrinkage
This is the lead story on The Huffington Post right now (I am not making this up!). It seems that there's a correlation between sales of men's underwear and the state of the economy, with any dip in the sales of men's underwear signalling a downward turn in the economy. This is apparently an Alan Greenspan metric, and if you believe it, then I guess it's bad news that the leading global research company, Mintel, projects a 2.3 percent drop in sales of all men's underwear products in 2009...