What does men’s underwear have to do with our economy.
The NPD Group, Inc., a leading market research company, has shown an uptick in sales of men’s underwear over the past year. Between Aug. 2010 and Aug. 2011, sales for all men’s “underwear bottoms” were roughly $2.074 billion. In the period between Aug. 2011 and Aug. 2012, that number was $2.194 billion. That represents a 6 percent jump in sales from year to year.
Get insights from the Former chairman of the Federal Reserve, Alan Greenspan, who has used this method to see if the economy is recovering or heading into a recession. So men go out and get some fresh underwear.
YOU SHOULD CONDUCT YOUR OWN DUE DILIGENCE AND/OR SEEK YOUR OWN REGISTERED FINANCIAL ADVISER IN YOUR JURISDICTION. INVESTING IN PUBLIC MARKETS DOES NOT GUARANTEE A POSITIVE RETURN AS STOCKS AND OTHER SECURITIES ARE SUBJECT TO MARKET RISKS, INCLUDING THE POTENTIAL LOSS OF PRINCIPAL.