A Way With the Crutches!

Geography is one of the most persistent elements factored into any economic forecast. It's a favorite cause-and-effect; because such-and-such a region's having tough times, businesses there must suffer. Let's look at a couple of recent examples in our own industry. Midwest manufacturing collapsed as the auto and steel industries were undermined by foreign competition. As factories closed or cut back, the Rust Belt was born - and jewelers' sales had to suffer. Then New England caught it in the neck. The Massachusetts boom, fueled by a mix of government contracts and hi-tech industries, went bust - and jewelers' sales had to suffer. Next it was California's turn. Thousands of jobs were wiped out as funding for military and space projects was throttled - and jewelers' sales had to suffer. Many jewelers in these three broad markets did suffer as a direct result of the regional econ
JCK PRO

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).

SUBSCRIBE TO CONTINUE

Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out