Holiday Sales Growth to Slow as Consumer Confidence Wanes

NewsBrief   November 6, 2023   Holiday Sales Growth to Slow as Consumer Confidence Wanes US holiday spending is expected to grow at a slower rate this season than over the past three years, as consumers fear an upcoming recession amid economic challenges. Petra Postpones Spending Amid Market Slowdown Miner defers expansion projects at Cullinan and Finsch.   Titan Reduces Consumer Prices for Select Diamonds Discounts will have limited effect on Indian retailer's margins, says jewelry chief.   A Tough Month for High-End Retail How are luxury brands faring ahead of the holidays? Trending Stories India Diamond Trade Sees Further Decline   Market Comment: November 2, 2023   What Jewelers Can Gain from the NDC's New Education Program Events LinkedIn Live: The Ins and Outs of Diamond Screening November 14 10 a.m. EST Join Us   Rapaport Melee Auction November 14-22 New York & Dubai More Details   Rapaport Single Stone Auction November 21-29 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,404 0.25% -0.99% -4.81%  0.50 ct 1,923 0.79% -0.73% -29.53%  1.00 ct 5,931 0.05% -1.40% -24.75%  3.00 ct 22,082 0.11% -0.02% -13.92% Rapaport Investment Grade Diamonds

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