Underwear is very important not only for the body but also for the economy, understand the mathematics like this

A man's underwear is not only important for his body but also for the economy of the country. If this sounds a bit strange to you too, then let us explain to you what is its calculation and economy connection.

Man's underwear is very important not only for the body but also for the economy of the country. The economic condition of any country is reflected in a man's underwear. This may sound strange but there is a lot of truth in it. Economists around the world keep an eye on the Men's Underwear Index. If you are also wondering how economy is determined by underwear, then let us explain to you its complete calculation and connection.

What is Men's Underwear Index?

If we look at the economic history from America to Europe, there is a direct connection between the purchase of underwear and the economic condition of the country. That is, according to the Men's Underwear Index, if the sales of underwear fall in a country, then it is a clear indication that there is a recession in that country. Alan Greenspan, former head of the Federal Reserve, America's central bank, believes that men avoid purchasing underwear at the same time when their income falls and they have to cut down on this important need for other expenses.

Men's Underwear Index had fallen in America

There was a recession in America in 2008. At that time, Alan Greenspan, Chief of the US Central Bank Federal Reserve, had said that the condition of the economy could be gauged from the sale of underwear. He had said that during recession, men stop buying new underwear. The reason for this is that underwear is a covering cloth, that is, it is not visible. Therefore, people spend less on these clothes and spend only on those clothes which are visible.

Income of dating website increases

Similarly, according to experts, when there is a recession in the economy, the income of dating websites also increases. The reason for this is that due to loss of jobs, people are forced to stay at home and in such a situation they use dating websites to spend their time. During the market downturn of 2009, Match.com's fourth quarter profit was the highest in the last seven years.

Sales are decreasing in India

According to the report of Economics Times, underwear sales have decreased by 55 percent in the third quarter of the financial year 2022-23. This simply means that due to rising inflation, people are not having money left to fulfill their most important needs. The important thing is that there was a boom in the innerwear market in the first two quarters of the financial year 2022-23, but now things are changing.