We don’t know if former Federal Reserve Chairman Alan Greenspan prefers boxers or briefs, but Greenspan believes that men’s underwear sales are a good indicator of the health of the economy.
The theory is that guys try to get more mileage out of the boxers or briefs they already have and replace them less often in tough times.
In 2009, when this story was published, sales of men’s underwear had dropped 2 percent. This year it looks like more guys are feeling comfortable freshening up their underwear drawers, because underwear sales have soared 12 percent.
