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With the economy anticipated to grow at its fastest rate in three years and unemployment dropping, the National Retail Federation predicts retail will be in a “relatively good place” in 2014.
The National Retail Federation predicts that Americans’ post-recession frugality will continue through Valentine’s Day, with slightly fewer consumers expected to purchase jewelry for the holiday.
National Jeweler is calling for retailer participation in its annual post-holiday sales survey, which helps to gauge the health and performance of the jewelry industry.
Holiday retail sales for November and December were up nearly 4 percent this year, keeping with the National Retail Federation’s prediction for the season.
Being a jeweler is reportedly among the least stressful careers to have in 2014, according to a recently released report from CareerCast.com, an online resource for job seekers.
Despite a shorter shopping season and bad weather across the country in the time leading up to Christmas, retail sales were up year-over-year this holiday season, according to data released Wednesday by ShopperTrak.
Retail e-commerce spending from desktop computers hit $46.5 billion in November and December, increasing 10 percent over last year but falling short of the $48 billion forecast, according to data released Tuesday by digital metrics firm comScore. 
Gallup Daily Tracking found that Americans spent $96 a day in December, the highest monthly average since September 2008 and the highest average for any December in the six years the company has tracked daily spending. 
While U.S. consumer confidence is improving, Gallup’s Economic Confidence Index still ended the year in negative territory, and Gallup said the federal government will need to learn to work together to boost it into the positive. 
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.