The Death of Clothing

I discovered yesterday that clothing is going out of fashion. And it is true. People often no longer have work and lesiure clothes and express themselves on Facebook rather than through their choice of apparel.Which is a shame for someone like me who loves hats, suits and ties. They also prefer spending money on weekends away in foreign cities.

From the article to which I linked:

In 1977, clothing accounted for 6.2 percent of U.S. household spending, according to government statistics. Four decades later, it’s plummeted to half that. 

Apparel is being displaced by travel, eating out and activities—what’s routinely lumped together as “experiences”—which have grown to 18 percent of purchases. Technology alone, including data charges and media content, accounts for 3.4 percent of spending. That now tops all clothing and footwear expenditures.