The 2002 Jewelry Industry Fact Sheet

By Jennifer Heebner, Senior Associate Editor -- JCK Online, 9/1/2003 2:00:00 AM

The monetary size of the U.S. jewelry industry—fine and fashion—is $52.1 billion. (Source: Claritas Inc. 2002 data exclusively for the JCK Research & Stock Art Store)
There are 40,700 jewelry-only storefronts in the United States, a 1% increase over 2001 figures. (Source: National Retail Census, Report to Retailers and Marketers, Roper Audit Starch Worldwide)
Jewelry-only stores account for $26 billion in sales. (Source: U.S. Census Bureau's Monthly Retail Sales for 2002)
Nearly 25% of sales at jewelry-only stores occur in December. (Source: U.S. Census Bureau & JCK research)
Diamonds and diamond jewelry account for nearly 50% of all sales at jewelry-only stores. (Source: U.S. Census Bureau & JCK research)
There were 25,043 jewelry-only companies in operation by the end of 2002. (Source: The Jewelers Board of Trade)
Some 39% of consumers buy fine jewelry every year. (Source: Unity Marketing)
The average adult fine-jewelry self-purchaser spends nearly $500 annually. (Source: Unity Marketing)
The largest consumer market for jewelry purchases is New York City at $2.3 billion. (Source: Claritas Inc. 2002 data exclusively for the JCK Research & Stock Art Store)
By 2007, the largest consumer market for jewelry and watch purchases will be Chicago at $2.5 billion. (Source: Claritas Inc. 2002 data exclusively for the JCK Research & Stock Art Store)

This fact sheet is available free of charge at the JCK Research & Stock Art Store, accessible at http://store.yahoo.com/jckresearch/index.html or through a link on the JCK Web site.