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Not Just A Pretty Face: How the Cosmetics Industry Reflects Public Perception of The Economy

November 12, 2011 by Nutritionist 2 Comments

When times are tough economically, even the smallest indulgence can help a struggling worker forget about their financial woes. People seek comfort in affordable treats, like make up and cosmetics, to ease their worries, even just for a little while. Some economists consider this "lipstick effect" a reflection of public sentiment about their financial future. [1] A recent … [Read more...]

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