Thursday, October 08, 2009

What Does Men's Underwear Index Mean?

http://www.investopedia.com/terms/m/mens-underwear-index.asp?partner=TOD10

What Does Men's Underwear Index Mean?
An unconventional measure of how well the economy is doing based on sales of men's underwear. The reasoning behind this measure assumes that men view underwear as a necessity (not a luxury item), so sales of this product should be steady - except during severe economic downturns, when men will wait longer to buy new underwear. The notable decrease in underwear sales is said to reflect the poor overall state of the economy. Conversely, when underwear sales pick up, the economy is considered to be improving.


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