Embee Diamond, diamond recut, re-cut, repair, re-polish, restoration, fix my diamond, AGS Laboratories, American Gem Society, Canadian Diamond, Master Diamond Cutter, Esperanza, Triolette, Mike Botha, Michiel Botha, Prince Albert, Saskatchewan, United States of America, Canada, North America, USA, Ideal, Triple Zero Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming $79.5 billion in 2013 - Master Diamond Cutters - Creators of Sirius Star®...the world's brightest diamond® and Diamond Restoration - recut, repair & re-polish service to the trade. diamonds, diamond cutting, engagement rings, engagement diamonds, diamond, diamond buying, diamond lapidary, diamond repairs, diamond facets , GIA, AGS, AGS Laboratories, Diamond Bourse of Canada, Responsible Jewellery Council, Jewelers of America, American Gem Society, AGS Guild, Canadian Diamond, diamond re-cut, diamond re-polish, cut grade, triple zero, ideal cut, Sirius Star Diamond, American Star, Product of Canada, Made in Canada
$79.5 billion in 2013

Feb 3rd, 2014

$79.5 billion in 2013

Total fine jewelry and watch sales in the U.S. market rose to a record $79.5 billion in 2013, an increase of 7.8 percent over 2012 levels, according to preliminary data just released from the U.S. Department of Commerce.

Fine jewelry sales, excluding watches, were $70.0 billion in 2013, a gain of 7.6 percent over 2012. Fine watch sales rose by a very strong 9.4 percent in 2013 to $9.4 billion.

Watch Sales Mix Rises

In 2013, fine watch sales were 11.9 percent of total fine jewelry and fine watch sales.


This mix of watch sales is climbing, after falling to 11.6 percent of sales in 2010, as the industry was still reeling from the impact of the “Great Recession” that began in 2007.  In 2006, just prior to the recession, fine watch sales represented 12.1 percent of total fine jewelry and watch sales in the U.S. However, during the recession, consumers tightened their purse strings, and slowed their buying of expensive, flashy watches.


Over the next several months, the Department of Commerce will revise these figures, but IDEX Online Research believes that the data will not change significantly.




Add a comment

Your email address will not be shared or published. Required fields are marked *

You must be logged in to post a comment.

Please wait...

Stay connected!

Subscribe to the Master Diamond Cutters Updates, Promotions and Newsletter Service
%d bloggers like this: