But jewellery consumption did fairly properly for seven years via 2020 and it took seven years for the jewelry market to recover after 2007 – seven years feast, seven years famine – historical past is more likely to repeat itself. And among the over 100 individual classes of shopper goods spending reported by the BEA, jewellery was tops in total progress. Other classes, like gasoline and used vehicles and vans, neared jewelry’s level, but these have been high inflation categories, with costs up 50% and 37% respectively.
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The cost of …