One of legendary Fed Chair Alan Greenspan’s favorite economic indicators was men’s underwear—and things could be looking up

Young couple in store buying men's underwear. (Credit: Emir Memedovski—Getty Images)

As inflation remained stubbornly high last month, Americans continued to worry that their paychecks are unlikely to keep up with spiraling prices.

However, one unusual economic indicator is signaling that Americans’ confidence in the economy has been rising lately.