Consumer Confidence Hits 7-Month Low
Consumers are spending cautiously amid inflation and a rise in COVID-19 infections.
The percent of consumers that said current business conditions are “good,” decreased to 19.3 percent month-over-month from 20.2 percent. Those who said conditions were “bad” increased to 25.4 percent compared with 24.1 percent in August.
Consumers had mixed feelings about the labor market, with 55.9 percent of consumers saying jobs are “plentiful” compared with 55.6 percent last month.
The Expectations Index, which measures consumers’ short-term outlook for income, business, and labor market conditions, fell to 86.6 from 92.8 last month.
He first took a job at then Philadelphia-based Jewelers’ Circular-Keystone in 1963 and retired in 1996.
It cited two recent cases in California, plus incidents in Florida, Kansas, and Illinois.
Rare & Forever is helping to create an enjoyable diamond buying experience for the millions of newly-engaged couples.
The 10,000-square-foot location allows for expanded collections from design partners while continuing custom design and other services.
Svetlana Lazar’s “Wishing Well” collection utilizes an innovative component to mimic the movement of water beneath them.
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All proceeds up to $25,000 will benefit the It Gets Better Project, a nonprofit that supports LGBTQ+ youth.
It’s a reminder that life is best lived with discretion.
The end-to-end software allows for real-time control over all sales, inventory, repairs, customer communications, and marketing.
Associate Editor Lenore Fedow shares her impressions of the Las Vegas Antique Jewelry & Watch Show and a few of her favorite finds.
The Asian Institute of Gemological Sciences aims to set a color standard for the trade name.
Kate Della Monica, a senior specialist in the Jewelry and Watches department, will relocate to the Sunshine State.
LVMH’s investment arm has taken a stake in Lusix, a lab-grown diamond company based in Israel.
Sotheby’s New York put a colorless diamond and a fancy deep orange-brown diamond up for sale last week, with mixed results.
Profits will help them recoup financial losses.
The organization also extended the terms of Vice President Feriel Zerouki and Treasurer Ronnie VanderLinden.
After suffering a professional setback, columnist Peter Smith reflects on our ability to bounce back even when the hits keep on coming.
Glatz owned and operated Glatz Jewelers in Aliquippa, Pennsylvania for more than 40 years.
The organization will present three awards at its annual dinner, dance, and gala in October.
The New York jeweler also made the pop star’s wedding bands.
It’s predicted to sell for up to $484,000 during the Bonhams Hong Kong Jewels and Jadeite auction on June 22.