Underpants as an Economic Barometer
Economists are always looking for data which reveal something about the underlying health of the economy. Alan Greenspan, former chairman of the Federal Reserve, believed that sales of men's underpants (the Men's Underwear Index) reveal something about an economy's health. The basic idea is that during difficult economic times, men delay purchase of replacement underpants and make their existing undepants last longer! Click here and here to read more.