Good News: Apparel Prices

The nominal/actual average price of clothing today in the USA is 3% LOWER than it was 30 years ago, in 1991!!! Meanwhile, the overall consumer price index (CPI), has more than doubled (+106%). So, the price of clothing, relative to overall prices, has dropped by a mind-boggling 53% in the last 3 decades! This is … Continue reading Good News: Apparel Prices