Underwear Sales
Underwear Sales
Underwear SalesSupposedly Alan Greenspan, the former federal reserve chair, is a fan of tracking underwear sales as an unconventional economic indicator. He theorized that when purse strings are tight, people wait longer to replace worn-out items, especially those not shown to most other people. And, men, in particular might wait the longest to upgrade their under garments.As of early January, 2025, Hanesbrands is trading at around $8, considerably off highs of $20+ that were seen in 2021.