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The industry shrinkage recorded in 2014 has continued into the first quarter of this year, the latest statistics from the Jewelers Board of Trade show.
The need for generic diamond marketing and the declining importance of November-December are just two of the points explored in a new report on the state of the U.S. jewelry market.
Americans are expected to spend a total of $4.3 billion on jewelry for the day, up considerably from $3.6 billion last year.
February figures show that sales were down 0.2 percent year-over-year, with consumers favoring fashion jewelry over big-ticket items set with large gemstones.
Lower retail price points, more marketing and commodity prices nearing parity were all factors in the metal’s success in the U.S. market.   
The average small business owner spends 40 hours and as much as $5,000 each year doing their taxes, a pre-April 15 survey just released by the National Small Business Association shows.
The Silver Promotion Service polled jewelers across the country to gauge how sales in the category fared in 2014. Here’s what the organization discovered.
The average amount couples are spending on their weddings went up in 2014, including what they’re paying for engagement rings, according to a survey from The Knot. 
The number of small business owners who can’t find qualified people to fill open positions has reached its highest level since before the recession, a survey by the National Federation of Independent Business shows. 
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.