From the Investopedia Daily email:
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Term Of The Day: Leading Lipstick Indicator
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An indicator based on the theory that a consumer turns to less-expensive
indulgences, such as lipstick, when she (or he) feels less than confident
about the future. Therefore, lipstick sales tend to increase during times of
economic uncertainty or a recession.
Investopedia Says:
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This term was coined by Leonard Lauder (chairman of Estee Lauder), who
consistently found that during tough economic times, his lipstick sales went
up. Believe it or not, the indicator has been quite a reliable signal of
consumer attitudes over the years. For example, in the months following the
Sept 11 terrorist attacks, lipstick sales doubled.
Who knew?
I knew.
But then I tend toward lipstick anyway. I figure you can never have too much of it.
But don’t you see! If you buy a lot of lipstick, you bring about poor economic conditions!
At least, it might work that way. You never know.
If I don’t buy lipstick I’ll bring about poor economic conditions, because I’m simply not leaving the house without it.
How are lipstick sales doing now? The economy seems to be a mixed bag at the present, with no one really knowing whether it’s going up or down.
I searched around a little bit, but couldn’t find any specific information.
I’ll have to keep looking…
To be completely crass:
What if increased lipstick sales are because more women are being forced out of the traditional workforce and are turning to prostitution? I suspect that prostitutes have a higher per capita use of lipstick than any other profession.
I think someone should do a study.
I would, but I’m married.
Glenn?
I just love lipstick SO MUCH. I’ll bet I have 20 tubes. Ladies, weigh in. How many do you have? I also have something called Lip Venom. It irritates your lips, causing them to turn red and get puffy. It looks fantastic. And it kind of hurts. And — get this — it’s totally voluntary and yet I use it anyway.
Does that make me a hooker?
too many…
…10 “tubes,” 8 pencils, and several clear glosses — and that’s after going through a couple of weeks ago to throw out the older stuff.
Re: too many…
I own one tube. It’s a nice red/burgandy color that looks fabulous on me.
I also have a few sample tubes/sticks that I’ve collected over the years, courtesey of the Clinique Bonus Sales.
Re: too many…
Jezebel!
Re: too many…
That’s Ms. Jezebel to you.
Well, I understand that you only have the choice of Madonna or Whore, and I don’t think the Madonna wore lipstick.
At least, not the original one.
If I were you, I would go for the term “escort”. It sounds classier.