Industry Analysis & Industry Trends
The Jewelry Stores industry lost some of its luster during the recession. Industry revenue declined as consumer confidence plummeted and disposable income diminished. Consequently, consumers tightened their purse strings, decreasing demand for nonessential luxury items such as jewelry. Nevertheless, in the five years to 2015, revenue is expected to trend largely in line with the overall US economy. As consumers increase discretionary spending, jewelry stores will raise their prices and retain more profit, while limited competition from alternative retailers will contribute to solid revenue growth for the industry... purchase to read more
Industry Report - Industry Locations Chapter
Industry activity is concentrated in the Southeast and Mid-Atlantic regions of the United States. Together, these regions account for close to half of industry establishments. High per capita income and large population densities are responsible for the elevated level of concentration of industry establishments in these two regions.
The Southeast region, which has 25.4% of the US population, accounts for an estimated 24.8% of industry establishments. Most notably, the state of Florida has 8.8% of industry establishments... purchase to read more