US retail figures for September and October were promising. Consumer confidence, jewelry revenues and overall spending increased amid growing sentiment about the economy, even before the stock-market boost that followed Donald Trump’s reelection as president. In this video, recorded before the election results were in, Rapaport Senior Analyst Joshua Freedman addresses these data points one by one.
Three Data Points That Could Signal a Strong Holiday
More Stories
US Holiday-Spending Growth to Outpace Last Year’s – Bain
Consumer outlay is likely to rise 4.5%, a slightly higher increase than in previous seasons.
London Diamond Bourse Touts ‘Synthetic Diamond’ Terminology
Exchange encourages UK trade to use term for grown stones, saying it is more accurate and internationally accepted.
Ruby and Diamond Earrings to Headline Sotheby’s Hong Kong Auction
Lot will be on offer for $2.6 million at High Jewelry sale.
