By Staff Reporters SPONSOR: http://www.CertifiedMedicalPlanner.org *** *** DEFINITION: According to Wikipedia, the lipstick index is a term coined by Leonard Lauder, chairman of the board of Estee Lauder, used to describe increased sales of cosmetics during the early 2000s recession. Lauder made the claim that lipstick sales could be an economic indicator, in that purchases … Continue reading ECONOMIC INDICATORS: “Lipstick Index” and “Cosmetic” Others?