P.J.Joseph's Weblog On Colored Stones, Diamonds, Gem Identification, Pearls, Organic Gems, Gem And Jewelry Enterprises, Gem Markets, Watches, Gem History, Books, Comics, Cryptocurrency, Designs, Films, Flowers, Food & Beverages, Hospitality, Small Luxury Hotels, Graphic Novels, Technology, Artificial Intelligence, Robotics, Energy, Education, Environment, Music, Art, Commodities, Travel, Photography, Antiques, Random Thoughts, and Things He Like.
Friday, July 10, 2009
Jewelry Market Update
In a Downturn, Jewelers Aren’t So Precious. In this economy, many consumers would rather keep their money in their wallets than on their fingers, necks or ears. As people re-examine their budgets, jewelry is turning out to be one of the easiest places to cut back — or trade down (NYT). The half-carat is the new three-carat (Hayley Corwick). Spot on.
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