Amid Economic Uncertainty, 'Lipstick Index' Signals Demand For Affordable Luxuries
- by Robert Williams , April 27, 2023
The U.S. economy grew by only 1.1% from a year
earlier during the first three months of 2023, according to an initial estimate by the U.S. Department of Commerce. That level of growth teeters on the verge of recession and underscores the economic
uncertainty that many consumers face.
During times …
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