Men's underwear index

Men's underwear index

The men's underwear index (MUI) is one of the more surprising economic indexes that gets most attention during economic slumps to detect the beginnings of a recovery.

The premise being that men's underwear are necessity in normal economic times and sales remain stable. During a severe downturn behavior for these goods changes as new purchases are deferred.[1] Hence, Men's purchasing habits for underwear (and that of their spouse on their behalf), is thought to be a good indicator of discretionary spending for consumption at large especially during turnaround periods.

This indicator is noted for being followed by former Federal Reserve Chairman, Alan Greenspan.[2]

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