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Jewelers Confidence Index Hits High for 2025

Despite uncertainty in the broader economy, jewelers appear somewhat upbeat ahead of holiday season.

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Jewelers Confidence Index Hits High for 2025

INSTORE’s Jewelers Confidence Index continued its cautious uptrend in October, rising to its highest level this year – 55. A reading above 50 indicates that more jewelers are feeling bullish than pessimistic about the near-term outlook for their businesses.

In the same survey of INSTORE’s Brain Squad members, more than half of the responding jewelers said their sales were up over the same month in 2024 with one in five reporting impressive sales growth of 25 percent or more. Despite economic uncertainties and concerns about inflation, many jewelers have reported buoyant sales this year, supported by a surge in gold prices and the fact that many of the affluent customers they serve have benefitted from the stock market’s bull run.

The INSTORE JCI is derived from two questions in our monthly readers’ survey that ask about independent jewelers’ perceptions of their business prospects and whether they are ordering more or less inventory compared to the same month last year.

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