How Your Undies Track The Recession
May 28, 2009 by Mohamed
Filed under Clothing, Personal Hygiene, Weight Loss
OK I got quite the chuckle on a story that appeared on Sympatico/MSN Finance section titled “How your undies track the recession” – here are a few excerpts but you should read the full story (by Michael Brush) – link below…
“To help predict a recovery, economists such as Alan Greenspan look to men’s underwear sales. Here’s what those and other unusual economic indicators say about the road ahead.”
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“If you’re like most men, you’ve got more than a few skivvies in, well, less than perfect condition.
If you’re put off buying replacements — and your significant other hasn’t done it for you — then guess what? The recession probably ain’t over yet.
In fact, right now men’s underwear sales suggest that things have bottomed but not started to recover.”
…
“Greenspan reasons that because hardly anyone actually sees a guy’s undies, they’re the first thing men stop buying when the economy tightens. (He told this to National Public Radio’s Robert Krulwich years ago.)”
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“Folks such as Greenspan don’t seem to look as closely at women’s lingerie — reasoning, perhaps, that women are more sensitive about wearing worn undergarments.
But Cohen says a pickup in sales of bras, as well as denim and footwear, will indicate the economy is on the mend.”
…
Read the entire article – http://finance.sympatico.msn.ca/investing/michaelbrush/article.aspx?cp-documentid=20040810
Guys this goes to the series of articles I am posting on Personal Hygiene for Men (introductory post) and the first in a series Personal Hygiene for Men – Showering.
Enjoy!
Mohamed
