Don’t wait: there’s less than 24 hours left to get (almost) any Marketplace thank-you gift.
We talk a lot about different kinds of economic measurements at Marketplace, including CPI, the Consumer Price Index, and GDP, the Gross Domestic Product. But there’s another measurement you may not of heard of: MUI, the Men’s Underwear Index.
Although it’s not measured by the government, it is championed by Alan Greenspan, the former chair of the U.S. Federal Reserve. The idea is that men only buy underwear when they feel pretty good about the economy and that when they start buying, it means the beginning of an economic recovery.
Quartz reports that the sale of boxers, briefs and boxer briefs is up $1.1 billion since 2009, which means maybe the economy is doing better than we thought.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.
Donate now to get almost any thank-you gift.