Finished up my business plan for MGMT597 this morning, and had my last
class tonight. One of the business proposals pitched tonight said
that they did a survey of 20-35 year old females and found that, on average,
they spent $290/month on clothes. I said I thought that was high, as $290/month
is roughly $3600/year and there's about 25M people in the US that are female
between 20 and 35. Extrapolating, that means that market segment spends 3600 *
25M = $90B/year.  Given that, I said the survey might need some bias checking
as people might be saying things to match either expectations or self-image.
Nevertheless, several people in the class felt that $290/month was a good
estimate. 

<p>
According to census.gov, the total amount of clothing purchased
in the US last year was <a href="http://www.census.gov/mrts/www/data/html/nsal02.html">$123B</a>, $34B of which was in women's clothing stores. 

<p>
Now I finally get to catch up on some reading. ;) 

<p>