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New Underwear? A Sign Of An Improving Economy

Photo by flickr-Mr Thomas

Today I read somewhere that the economy is improving! And that there is a direct correlation between underwear sales and the economy. 

According to former Federal Reserve Chairman Alan Greenspan. He claims when times are good, people splurge and will buy underwear.

Alan says when times are tough, people get tight with the money and are less likely to spend on underwear because it is something you don’t see in public.

In 2010 underwear sales were down 3%. In 2011and 2012 sales have jumped by 8% and continue to rise! Yay! Let’s all go buy new undies!!

Do you think the economy is improving? Did you buy new underwear this year?

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