Part 2/11:
In the past year alone, Americans purchased an average of 68 new items of clothing, a remarkable increase from just 12 items per year recorded in the 1980s. However, this surge in volume is coupled with a notable decline in the percentage of income allocated to clothing—from 7% in the 1980s to just 3% today. This trend signifies that consumers today are getting almost six times the number of items for considerably less spending.