Is your man's beat up underwear a sign of the times? The underwear economic indicator implies the answer is yes; that fraying elastic is a sign of what's going on with the economy. Apparently, former Federal Reserve chief Alan Greenspan used to track the undie factor carefully, arguing that the economy is the pits if men or their significant others can't be bothered to replace the ratty old pairs.

Marshal Cohen, chief industry analyst of consumer behavior tracking company NPD Group, mens' underwear sales leveled off during February and March after undergoing a 12 percent decline through the end of January. Cohen explains the difference means the economy is stabilizing and is a good sign that people are buying new undies again.

Do you think there's validity to the undie indicator? Does your man's underwear drawer contain more ratty pairs than usual?

Source: Getty

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