CaratWatch

U.S. demand for jewelry

Lab-grown diamonds sell mostly as jewelry, so these are the demand numbers that matter: what households spend, when they spend it, and where buyers and stores are.

Americans' spending on jewelry

Seasonally adjusted annual rate: what a full year would cost at that month's pace. Aug 2026: $94.21B, +4.2% from a year earlier.

Source: U.S. Bureau of Economic Analysis (NIPA Table 2.4.5U)

Show the numbers
MonthJewelry spending (annual rate)
Aug 2026$94.21B
Jul 2026$93.60B
Jun 2026$91.99B
May 2026$94.81B
Apr 2026$93.49B
Mar 2026$92.75B
Feb 2026$92.65B
Jan 2026$91.63B
Dec 2025$89.04B
Nov 2025$90.03B
Oct 2025$90.79B
Sep 2025$89.53B
Aug 2025$90.38B
Jul 2025$89.37B
Jun 2025$86.37B
May 2025$85.84B
Apr 2025$86.48B
Mar 2025$85.07B
Feb 2025$85.72B
Jan 2025$84.88B
Dec 2024$87.59B
Nov 2024$86.05B
Oct 2024$89.57B
Sep 2024$88.88B
Aug 2024$85.08B
Jul 2024$85.37B
Jun 2024$87.62B
May 2024$85.12B
Apr 2024$84.56B
Mar 2024$85.41B
Feb 2024$84.35B
Jan 2024$84.48B
Dec 2023$84.77B
Nov 2023$84.03B
Oct 2023$81.53B
Sep 2023$80.78B
Aug 2023$82.45B
Jul 2023$81.95B
Jun 2023$82.19B
May 2023$81.61B
Apr 2023$80.87B
Mar 2023$80.16B
Feb 2023$80.21B
Jan 2023$81.75B
Dec 2022$77.92B
Nov 2022$79.14B
Oct 2022$79.92B
Sep 2022$80.98B
Aug 2022$81.70B
Jul 2022$83.07B
Jun 2022$83.26B
May 2022$80.61B
Apr 2022$86.43B
Mar 2022$86.65B
Feb 2022$84.75B
Jan 2022$80.65B
Dec 2021$82.60B
Nov 2021$87.48B
Oct 2021$85.04B
Sep 2021$81.91B
Aug 2021$81.34B
Jul 2021$80.00B
Jun 2021$80.62B
May 2021$79.52B
Apr 2021$77.40B
Mar 2021$78.52B
Feb 2021$69.02B
Jan 2021$68.64B
Dec 2020$68.87B
Nov 2020$66.70B
Oct 2020$66.13B
Sep 2020$67.38B
Aug 2020$65.38B
Jul 2020$63.09B
Jun 2020$58.00B
May 2020$41.55B
Apr 2020$27.50B
Mar 2020$43.09B
Feb 2020$58.73B
Jan 2020$60.12B
Dec 2019$58.57B
Nov 2019$57.59B
Oct 2019$57.56B
Sep 2019$58.62B
Aug 2019$58.21B
Jul 2019$58.17B
Jun 2019$56.01B
May 2019$56.45B
Apr 2019$56.27B
Mar 2019$55.27B
Feb 2019$55.70B
Jan 2019$54.33B
Dec 2018$54.00B
Nov 2018$56.60B
Oct 2018$56.02B
Sep 2018$54.69B
Aug 2018$56.15B
Jul 2018$56.55B
Jun 2018$56.95B
May 2018$57.42B
Apr 2018$57.46B
Mar 2018$56.35B
Feb 2018$57.17B
Jan 2018$56.57B
Dec 2017$54.79B
Nov 2017$55.79B
Oct 2017$55.13B
Sep 2017$55.03B
Aug 2017$54.18B
Jul 2017$54.48B
Jun 2017$54.00B
May 2017$53.40B
Apr 2017$53.58B
Mar 2017$54.06B
Feb 2017$54.10B
Jan 2017$54.98B
Dec 2016$55.70B
Nov 2016$55.41B
Oct 2016$54.94B
Sep 2016$55.28B
Aug 2016$55.02B
Jul 2016$55.02B
Jun 2016$55.75B
May 2016$56.87B
Apr 2016$56.04B
Mar 2016$56.51B
Feb 2016$56.87B
Jan 2016$56.13B
Dec 2015$57.97B
Nov 2015$56.84B
Oct 2015$56.03B
Sep 2015$56.66B
Aug 2015$58.01B
Jul 2015$58.62B
Jun 2015$58.91B
May 2015$58.40B
Apr 2015$58.12B
Mar 2015$57.94B
Feb 2015$57.92B
Jan 2015$57.28B
Dec 2014$56.75B
Nov 2014$56.86B
Oct 2014$57.40B
Sep 2014$56.69B
Aug 2014$57.90B
Jul 2014$57.44B
Jun 2014$57.08B
May 2014$56.79B
Apr 2014$57.89B
Mar 2014$57.05B
Feb 2014$57.04B
Jan 2014$57.30B
Dec 2013$57.47B
Nov 2013$56.43B
Oct 2013$57.45B
Sep 2013$56.10B
Aug 2013$55.19B
Jul 2013$55.61B
Jun 2013$56.07B
May 2013$56.41B
Apr 2013$57.75B
Mar 2013$57.95B
Feb 2013$58.41B
Jan 2013$58.45B
Dec 2012$60.52B
Nov 2012$56.99B
Oct 2012$56.65B
Sep 2012$58.01B
Aug 2012$56.43B
Jul 2012$56.16B
Jun 2012$56.37B
May 2012$56.58B
Apr 2012$54.98B
Mar 2012$56.25B
Feb 2012$58.47B
Jan 2012$56.58B
Dec 2011$56.04B
Nov 2011$55.70B
Oct 2011$56.21B
Sep 2011$57.77B
Aug 2011$57.58B
Jul 2011$56.49B
Jun 2011$56.77B
May 2011$56.87B
Apr 2011$57.93B
Mar 2011$55.40B
Feb 2011$54.06B
Jan 2011$54.57B
Dec 2010$51.96B
Nov 2010$53.89B
Oct 2010$53.16B
Sep 2010$50.57B
Aug 2010$51.47B
Jul 2010$51.87B
Jun 2010$50.76B
May 2010$51.35B
Apr 2010$51.55B
Mar 2010$52.13B
Feb 2010$51.41B
Jan 2010$51.57B
Dec 2009$51.87B
Nov 2009$52.02B
Oct 2009$51.16B
Sep 2009$51.81B
Aug 2009$51.56B
Jul 2009$50.80B
Jun 2009$50.94B
May 2009$51.00B
Apr 2009$50.97B
Mar 2009$49.06B
Feb 2009$50.98B
Jan 2009$49.77B
Dec 2008$48.77B
Nov 2008$50.79B
Oct 2008$53.48B
Sep 2008$54.19B
Aug 2008$57.68B
Jul 2008$58.42B
Jun 2008$58.18B
May 2008$57.95B
Apr 2008$57.71B
Mar 2008$59.42B
Feb 2008$57.94B
Jan 2008$59.74B
Dec 2007$60.05B
Nov 2007$60.51B
Oct 2007$59.85B
Sep 2007$60.11B
Aug 2007$58.99B
Jul 2007$59.62B
Jun 2007$59.31B
May 2007$59.32B
Apr 2007$58.20B
Mar 2007$57.96B
Feb 2007$57.72B
Jan 2007$57.78B
Dec 2006$58.31B
Nov 2006$57.11B
Oct 2006$56.49B
Sep 2006$57.26B
Aug 2006$56.54B
Jul 2006$56.13B
Jun 2006$56.04B
May 2006$56.56B
Apr 2006$55.19B
Mar 2006$56.35B
Feb 2006$57.01B
Jan 2006$54.73B
Dec 2005$55.03B
Nov 2005$53.58B
Oct 2005$53.77B
Sep 2005$51.59B
Aug 2005$53.02B
Jul 2005$51.26B
Jun 2005$52.82B
May 2005$51.52B
Apr 2005$53.13B
Mar 2005$51.47B
Feb 2005$52.47B
Jan 2005$51.18B

December is the jewelry month

Average share of a year's jewelry-store sales, 2010-2019. December: 19.1%.

Source: U.S. Census Bureau Monthly Retail Trade (stopped publishing jewelry stores in 2021)

Show the numbers
MonthShare of the year
January5.8%
February8.2%
March6.9%
April7.2%
May9.0%
June7.2%
July6.9%
August7.3%
September6.8%
October7.1%
November8.6%
December19.1%

Jewelry store sales per year

Stores classified as jewelry stores; online-only sellers are counted elsewhere in this series.

Source: U.S. Census Bureau Annual Retail Trade Survey (latest: 2022)

Show the numbers
YearSales
2022$41.16B
2021$41.42B
2020$27.44B
2019$29.56B
2018$29.75B
2017$29.47B
2016$29.51B
2015$29.95B
2014$29.69B
2013$28.95B
2012$28.30B
2011$27.53B
2010$24.43B
2009$24.24B
2008$27.50B
2007$29.23B
2006$28.67B
2005$27.00B
2004$26.23B
2003$24.15B
2002$23.30B
2001$22.31B
2000$23.57B
1999$22.45B
1998$20.08B
1997$18.51B
1996$19.06B
1995$17.92B
1994$16.78B
1993$15.36B
1992$14.00B

Number of jewelry sellers

In 2022 the Census Bureau reclassified online sellers into store categories, so the jump in sellers with no employees that year is mostly a definition change, not new businesses.

Source: U.S. Census Bureau County Business Patterns and Nonemployer Statistics

Show the numbers
YearStores with employeesSellers with no employees
202320,20255,123
202219,65462,040
202119,63340,156
202020,17238,612
201920,79238,105
201821,38139,515
201721,65539,515
201622,07042,153
201522,55144,748
201423,05745,646
201323,50143,821
201223,84344,014

Marriages per 1,000 people

People who married in the past year, halved to count couples. Each color step is one fifth of the states, from fewest to most.

Source: U.S. Census Bureau, American Community Survey 2024 (1-year)

Show the numbers
StateMarriages per 1,000Jewelry stores per 100KMedian household income
Utah9.63.8$97K
District of Columbia9.34.4$110K
Wyoming8.75.1$76K
Colorado8.75.2$97K
Idaho8.64.5$81K
Kansas8.34.6$76K
Tennessee8.34.5$72K
Oklahoma8.23.4$66K
Nebraska8.04.2$76K
Texas7.95.0$80K
North Dakota7.95.0$78K
Kentucky7.93.7$65K
Alaska7.810.1$96K
South Dakota7.84.2$77K
Arizona7.74.7$81K
Indiana7.74.1$72K
Washington7.64.4$99K
Nevada7.57.8$81K
Arkansas7.53.8$62K
Georgia7.45.6$80K
North Carolina7.44.9$74K
Oregon7.35.0$85K
Missouri7.34.0$72K
Virginia7.35.3$92K
Maryland7.25.3$103K
Alabama7.14.6$67K
Montana7.06.8$75K
New Jersey7.07.5$104K
West Virginia7.03.8$61K
South Carolina6.95.3$72K
Florida6.98.0$78K
New York6.89.8$86K
Michigan6.75.4$72K
Mississippi6.73.6$59K
Iowa6.64.4$76K
Pennsylvania6.65.5$78K
California6.66.7$100K
Connecticut6.55.9$96K
Massachusetts6.57.6$105K
Ohio6.54.7$72K
Minnesota6.34.7$87K
Illinois6.25.6$83K
Wisconsin6.24.6$77K
Hawaii6.214.7$101K
Louisiana6.25.7$61K
New Hampshire6.08.4$100K
New Mexico6.06.6$68K
Rhode Island5.67.4$84K
Maine5.15.0$76K
Delaware5.08.5$88K
Vermont4.77.6$83K

Jewelry stores per 100,000 people

Stores with employees, 2023, in fifths of the states. Fewer stores per person can mean less local competition for an online seller.

Source: U.S. Census Bureau, County Business Patterns 2023