The Lipstick Economy
- In this economy that's in the red, there may be one bright spot that comes in shades of pink, brown, and taupe: the lipstick index.
It's a financial indicator that's as true as that colorfast shade that stays on you, and doesn't get on your man. In bad times, lipstick sales soar while other sales sour. The term "Leading Lipstick Indicator" was coined by Leonard Lauder, chairman of makeup company Estée Lauder, after he noticed the trend during tough economic times. And what is indicated right now? All lips are pointing upwards.