Read newspaper today and learned one new economic term - MUI, confirmed the definition with the web, it is very interesting!!!!!!
Definition of 'Men's Underwear Index'
An unconventional measure of how well the economy is doing based on sales of men's underwear. The reasoning behind this measure assumes that men view underwear as a necessity (not a luxury item), so sales of this product should be steady - except during severe economic downturns, when men will wait longer to buy new underwear. The notable decrease in underwear sales is said to reflect the poor overall state of the economy. Conversely, when underwear sales pick up, the economy is considered to be improving.Read more: http://www.investopedia.com/terms/m/mens-underwear-index.asp#ixzz1hw9DABmW
No comments:
Post a Comment