Holiday Sales Growth to Slow as Consumer Confidence Wanes

RAPAPORT®
NewsBrief  
November 6, 2023
 
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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.
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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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