The Lipstick Index Is

That doesn t mean the idea itself is dead.

The lipstick index is. With such specific growth in mind it seems the lipstick index is back or at least that is what bloomberg declared last year. He actually made the claim that lipstick sales are a great economic indicator because lipstick is actually a hot ticket. Lauder made the claim that lipstick sales could be an economic indicator in that purchases of cosmetics lipstick in particular tend to be inversely correlated to economic health. The lipstick index or the lipstick economy is a term coined by leonard lauder chairman of the board at estee lauder which he used to describe the increase of cosmetics and beauty items during the recession back in 2001.