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JCK Online - January 1, 1999

Cover Story
Will Jewelry Sales Sparkle in ’99?

After a roaring first half of 1998 in which U.S. jewelry sales jumped 9%, many jewelers and manufacturers noted an eerie autumn lull. The drop-off was attributed in part to the shocking stock market plunge, which drained $1.5 trillion in wealth from investors between July and October. Continued economic turmoil overseas may have also hurt sales.



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