Men's Underware Index Indicates A Surge In The Economy

By
Real Estate Agent with Century 21 Award

Men's Underware Index Indicates A Surge In The Economy

Men's UnderwearReally? Men's underware sales can point to an economic revival? According to economy watchers, sales of men's underware jumped 6.4% in 2011 after a drop of 2.3% in 2009. The theory is that when times are tough, men (or the women who purchase their BVDs) will delay a purchase as long as possible. As the economy improves, underware sales increase.

This index has been watched by none other than Fed Chairman, Alan Greenspan, so it must have some credibility.

Other indicators that may show an improving economy are increased auto sales, new business startups, busier restaurants, more golfers on the links, new housing starts (which a few years were practiclly zero) and a increase in velocity of home sales in general. One other indicator I have always watched is the Disneyland attendance index (my own creation). This is an informal index that results when I call my daughter, who works at Disneyland in Anaheim, and she tells me the "park" was pretty busy today. With daily admission at around $100 and a premium annual pass at $650, 50,000 people at the park tells me that there is some faith in the economy.

So what's your favorite economic index?

 

EDIT: It's really "underwear". That's what I get for not running spell check.

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John Alesi - REALTOR®

949-510-2154

CENTURY 21 Award

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Orange County Real Estate
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underwear

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Rainmaker
155,726
Tina Gleisner
Home Tips for Women
Home Tips for Women

Love it!

July 07, 2012 08:42 AM
Rainmaker
629,292
Stephanie/Bob The Ruiz/Miller Team
The Ocala Dream Team
Keller Williams Cornerstone Realty

Hi John, how about a leading indicator - how many holes in the BVD already out there!

July 07, 2012 09:58 AM
Rainmaker
234,648
Jenny Durling
For Los Angeles real estate help 213-215-4758
L.A. Property Solutions

Interesting connection for sure but I admit I was struck by the spelling as well - it does sound like full metal undergarments!

July 07, 2012 10:15 AM
Ambassador
1,160,192
Tammie White
TW Realty Group, Franklin TN, South of Nashville
Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net

Looks like it's time to go out shopping for some new underwear for my husband.

July 07, 2012 12:48 PM
Rainmaker
570,044
Bill Gillhespy
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos
16 Sunview Blvd

Hi John,  Well, now that all the really important stuff is settled we can move on !  Personally, I like your Disneyland theory !

July 07, 2012 12:52 PM
Rainmaker
647,233
Barbara Hensley
Homes for Sale in Rockwall County, Texas
RE/MAX Properties

John - Who knew!  It is the little things that count I guess!  Nice feature!  Happy Weekend!

July 07, 2012 01:13 PM
Rainmaker
996,054
Karen Anne Stone
Fort Worth Real Estate
New Home Hunters of Fort Worth and Tarrant County

I have a long-time friend who used to be a District Sales Manager for Maidenform.  When asked what he did for a living, he would always say... "I'm in women's underwear."  He really did !  LOL.

July 07, 2012 01:52 PM
Rainmaker
195,692
John Alesi
(Orange County California Real Estate)
Century 21 Award

I was unaware that I wrote "underware"
So please forgive me if you care
And let's hope the guys will buy a pair
To boost the economy with their underwear.

Really...Thanks for all the great comments. You all have to work harder to offend me! I appreciate all the great comments on underwear and the ecomony. Now let's sell some homes!!!

July 07, 2012 04:13 PM
Rainmaker
796,427
Marte Cliff
your real estate writer
Marte Cliff Copywriting

What is wrong with me? I didn't even notice the spelling discrepancy until I started reading the comments. And here I am - a word person. Disgraceful!

Meanwhile... my husband gets new underwear any time he starts to whine about it. As for the t-shirts, they get purchased when his have so many holes that I cut them up and toss them in the rag bin so he CAN'T put them back on.

 

July 07, 2012 07:35 PM
Rainmaker
1,237,398
Gene Riemenschneider
Turning Houses into Homes
Home Point Real Estate

My own wallet.  It is bad - but getting somewhat better.  Funny post.  Thanks.

July 07, 2012 07:38 PM
Rainmaker
175,885
DEBORAH STONE
Hogue and Belong Bankers Hill- San Diego, CA

Ok so when times are tough, men will drop their underwear---------------------------uh--------------purchase that is?

July 07, 2012 09:09 PM
Rainmaker
36,244
Debby Singleton
Top Producer since 1993
Springer Realty Group

Funny read.  Where does one follow the rise and fall of men's underwear?

July 07, 2012 10:30 PM
Rainmaker
698,547
Sharon Parisi
Dallas Homes
Keller Williams Dallas Premier Realty

My favorite indicator is how many cars are in the mall parking lots during the week!

July 07, 2012 11:56 PM
Rainmaker
574,918
Valerie Zinger
Home Organizer
House Proud Ottawa-Ontario-Canada

John:  So cute but maybe true.  Just invested a small fortune at the Jockey store so am set for the year or more.  LOL

July 08, 2012 02:53 AM
Rainer
191,711
Dörte Engel
ABC - Annapolis, Bowie, Crofton
RE/MAX Leading Edge

Dear John,

Interesting statistic. Maybe "dinnerwear" sales at Thanksgiving will be another. ;)

July 08, 2012 07:22 AM
Rainmaker
191,173
Joy Carter & Jeff Booker Brother and Sister Team
Trust Your Family's Move To Our Expertise!
Keller Williams Partners Realty-GreatFloridaHomes Team

TOO FUNNY!  I actually bought PJ's today.  Knew I needed them for at least the last 4 years....BUT Just kept putting it off as NOT A PRIORITY (Yes I sleep Alone ;-)

Eight Closings last month I decided to cave and buy the STUFF, I have been putting off, for what seems like forever!  Joy

July 08, 2012 07:05 PM
Rainmaker
195,692
John Alesi
(Orange County California Real Estate)
Century 21 Award

Joy  - Congratulations on the closings! You deserve a little pampering!

July 08, 2012 08:03 PM
Rainmaker
647,735
Evelyn Kennedy
Alameda, Real Estate, Alameda, CA
Gallagher & Lindsey, Alameda, California

John:

Interesting indicator of the market come back.  I have to remember this so I can tell my clients.

July 09, 2012 09:05 AM
Rainmaker
180,681
Michael Hobbs
SRA, LEED GA, RAA
PahRoo Appraisal & Consultancy

John,

 

Love it!  Thanks for the insightful post!  I'll keep an eye out for the tighty-whitey or in the case of that new ladies' movie Magic Mike, the thong index.

 

Michael Hobbs

We're Hiring Certified Real Estate Appraisers, Check it out: PahRoo Appraisal Job Posting

July 09, 2012 11:56 AM
Rainmaker
261,430
Wayne B. Pruner
Tigard Oregon Homes for Sale, Realtor, GRI
Oregon First

A new economic indicator. I'll have to buy some stock!

November 10, 2012 06:14 PM
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Rainmaker
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John Alesi

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