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The Men’s Underwear Index as an Economic Indicator
TL;DRThe Men’s Underwear Index (MUI) is an unconventional economic indicator that tracks men’s underwear sales to gauge consumer confidence and economic trends. Popularized by Alan Greenspan, it reflects how spending on basic items like underwear changes during economic downturns and recoveries. Though not foolproof, the MUI has accurately mirrored major events like the Great Recession and COVID-19, offering insights into consumer behavior and the broader economy. At first…
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