There are ‘Strange Signs the Economy is Improving.’ According to this infographic, we may finally be getting over the recession hump and moving on to a more prosperous period.
One good sign is that men are buying underwear again. In economic downtimes, men generally avoid buying underwear. Underwear sales are on the rise, which can only mean that men aren’t being as stingy.
Another important thing to note is that more couples are breaking up. Divorce is expensive so during bad economic times, couples who don’t even like each other are more likely to stay together just to avoid financially instability. Even facelift procedures, which are considered a luxury expense, plummeted during the recession, but are now rising quickly.
Consumer Satisfied Statistics
The ‘Strange Signs Economy is Improving' Infographic
Trend Themes
1. Increased Underwear Sales - Men's increased willingness to buy underwear may suggest a rise in disposable income and a rebounding economy.
2. Rising Divorce Rates - The increasing number of couples opting for divorce could provide opportunities for lawyers, therapists, and dating apps that cater to newly divorced individuals.
3. Growing Demand for Facelifts - The return of facelifts as a luxury expense could signal a recovering economy and increased consumer confidence in spending on non-necessities.
Industry Implications
1. Retail - Retailers specializing in men's underwear and related products could see increased sales and profits.
2. Legal Services - As divorce rates rise, lawyers specializing in family law or mediation could see a surge in demand for their services.
3. Beauty Industry - Companies in the beauty industry specializing in cosmetic procedures such as facelifts may see a boost in business as demand increases.