Jewelry Sales Rise, Driven by Fewer, Wealthier Buyers
Jewelry sales rise, driven by fewer, wealthier buyers, as affluent consumers continue spending while lower-income buyers shift behavior.
Economist explains how inequality reshapes luxury jewelry market
A leading economist reveals how rising inequality is reshaping the luxury jewelry market, splitting buyers into two opposing segments.
Consumer confidence rises slightly in June
June consumer confidence rises slightly to 91.2, boosted by lower oil prices, but labor market concerns persist in the latest economic data.