The industry veterans join the podcast to discuss diamond marketing, the FTC Jewelry Guides, and lobbying for lower tariffs.
Small Business Sentiment Declines in Early 2016
Amid economic and regulatory uncertainties during an election year, small business owners are currently feeling less optimistic about the state of their businesses, according to a study from Capital One.
McLean, Va.--Amid economic and regulatory uncertainties during an election year, small business owners currently are feeling less optimistic about the state of their businesses, a new study indicates.
The Capital One Spark Business Barometer study, conducted by surveying 401 for-profit small business owners across the United States, found that the sentiment has continued to decline in early 2016.
Forty-one percent of business owners interviewed said current business conditions are “excellent or good,” compared with 50 percent who said the same at this point last year.
Meanwhile, 19 percent of business owners described current business conditions as “poor,” compared with 15 percent in the first quarter 2015.
When asked what they are concerned about this year, most small business owners said their primary concern is the impact of the upcoming presidential election. When evaluating candidates, they’re most focused on tax policies on small businesses, the emphasis on economic growth, healthcare costs and changing regulations at the local and national level.
“Now is a critical time for small businesses as the country anticipates a change in leadership and new opportunities and challenges, such as market dynamics and new regulations and tax laws, which can have a significant impact on business results.” --Keri Gohman, Capital OneAn indication of how business owners are feeling also is reflected in the fact that fewer are planning to hire in the near-term period.
Twenty-six percent of business owners said they plan to hire employees in the next six months, compared with 32 percent a year ago. And of those who do plan to hire, 50 percent will bring on full-time employees this year, as compared with 54 percent in the prior-year period.
Despite the dulled optimism, 39 percent of business owners said they believe their financial position will be better in the next six months, up slightly from 38 percent a year ago. Nearly half (49 percent) of total respondents believe business conditions will remain stable over the next six months.
When it comes to outlooks for the future, women and younger business owners continue to be the most optimistic about their businesses, the study shows.
Forty-four percent of women business owners anticipate that their business will be in better financial standing in the next six months, compared with 36 percent for men. Additionally, 72 percent of millennials said their business will be in better financial shape in six months, likely due
“Now is a critical time for small businesses as the country anticipates a change in leadership and new opportunities and challenges, such as market dynamics and new regulations and tax laws, which can have a significant impact on business results,” said Keri Gohman, head of small business banking at Capital One.
The Latest

Murphy will retire at the end of the year and Alexander, currently the company’s president, will take over at the start of 2027.

The jeweler is encouraging customers who own lookalike rings to come into the store and trade them for credit towards an authentic piece.

Submit your pieces for a chance to win in this year's competition.

The new campaign, “You Are The Occasion,” discourages shoppers from saving their fine jewelry for special occasions only.


Mehta led India’s GJEPC through the 2008 financial crisis and was respected worldwide for his wisdom, integrity, and knowledge.

One is the driver who allegedly crashed a car into a Sacramento jewelry store in April, striking a 71-year-old employee who later died.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

In a new column, Peter Smith posits that people actually enjoy putting together IKEA furniture, and the same is true for engagement rings.

9lakha Jewelers in Iselin, New Jersey, was the target of a smash-and-grab robbery on Aug. 8.

The jeweler has partnered with 818 Tequila to gift lab-grown diamond studs to a bride-to-be and their bridal party.

The exhibition will feature more than 100 drawings of stained-glass lampshades, windows, and more, many created by women and émigrés.

Marquise-cut diamonds in drop charms are the center of the new collection, reflecting the movement of a dancer in modular styles.

The inaugural Fort Lauderdale Jewelry, Antique, & Object Show will be held from Jan. 28 through Feb. 1, 2027.

The family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.

Amanda Ileana Hernandez is married to Carlos Hernandez, one of two men in prison for the 2024 murder of Michigan jeweler Hussein Murray.

The reimagined jewel, our Piece of the Week, trades the diamonds in the original 1998 design for blue, pink, yellow, and green sapphires.

Sponsored by American Gem Trade Association

In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

The 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.

Lucara Diamond Corp., which recovered the “Motswedi” diamond from the Karowe mine, sold the stone for an undisclosed amount.

The expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.

The lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.

The gemstone supplier and manufacturer acquired the remarkable 104-gram Zambian emerald at Gemfields’ auction in May.

Two suspects offered to trade the woman a “winning” lottery ticket for her jewelry.

Finsch has been in business rescue since May, and owner Petra Diamonds said it sees no viable path forward for the mine.

Michel Patrick DeSalles was sentenced after pleading guilty to the 2017 murder of Omid Gholian, who owned a jewelry store in Manhattan.
























