Sausage & Men’s Underwear Impacting the Economy? Yep!
If you have spent any time at all in your life around older folks, you’ll hear them tell you things that you can’t learn in a book at school. Everything from how to predict the weather from certain things that are happening in nature to whether an expectant mother is having a boy or a girl.
Learning how to read “life” can sometimes give you an advantage in preparing for what is coming our way.
That said, there are certain indicators that we can use to base our decisions on what’s happening with the economy: gas prices, fast food prices and the cost of sausage. (insert the sound a record scratching here).
Wait, did I just write the price of sausage? Yes! Yes, I did. And here’s why. I found an article on The Morning Brew that said sausage sales have been going up in recent months, and some feel that’s an indication that more people are struggling.
The article quotes the Federal Reserve Bank of Dallas that says that the economy is growing weaker, and dinner sausage is a good source of protein that has a price point that is more appealing to people's budgets.
The popularity of sausage is not the only “real-life” research that leads some to believe times are tough for a lot of people, here’s another. Men’s underwear. The Morning Brew says that a decline in sales of men’s underwear is normally a good indicator as to what’s really happening with the economy.
But as a man, I must say that a lot of dudes will wear their “drawers” until they nearly fall off of us or our wives or girlfriends tell us it’s time to buy new ones. So, is that really a good indicator? Probably so, because the price increase will give us guys an excuse to put off buying new ones.
If you’re keeping score at home, and let’s be honest, when it comes to our money, most of us are, it’s hard to argue with the logic that has been offered up here.
Are there other things you can think of like these that serve as indicators of tough times?
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