Industry Analysis & Industry Trends
The Jewelry Stores industry lost some of its luster during the five years to 2013. 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 2018, the recovery of the industry will mimic that of the growing economy. As consumers increase discretionary spending, jewelry stores will raise their prices and retain higher 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. Per-capita income and population primarily determine geographic industry concentration.
The Southeast region accounts for an estimated 24.6% of industry establishments; it is the most populous region of the United States, accounting for 25.4% of the population. Most notable, the state of Florida represents 8.5% of US industry establishments. In Florida, 17.3% of the population is aged 65 and older... purchase to read more