The 2003 Jewelry Industry Fact Sheet

  • Jewelry-only stores accounted for $27.1 billion in sales in 2003.
    Source: U.S. Census Bureau’s Monthly Retail Sales for 2003

  • There were 24,888 jewelry-only companies in operation by the end of 2003.
    Source: The Jewelers Board of Trade

  • After the fourth quarter of any given year, the next biggest holiday selling season for jewelry-only stores is consistently the month of May (think Mother’s Day and graduations).
    Source: U.S. Census Bureau & JCK research

  • In 2003, the average price paid for a piece of diamond jewelry in the U.S. was $593.
    Source: 2 Degrees Freedom, National Jewelry Study/Diamond Jewellery Report 2003

  • U.S. diamond engagement ring sales in 2003 totaled $5.1 billion.
    Source: 2 Degrees Freedom, National Jewelry Study/Diamond Jewellery Report 2003

  • 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