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Friday, 30th July 2004 (6186 views)

The president, CEO and editor-in-chief of Forbes magazine has claimed that jewellery sales are going to go up as a result of the upcoming national elections and increasing market confidence.<BR/><BR/>Steve Forbes was addressing the Couture Club in conjunction with this week's JA New York show and said that jewellers are set for real growth since 40 per cent of their annual sales come in November and December.<BR/><BR/>Mr Forbes added: "Once the elections are out of the way we are going to see real economic growth… this couldn't be more timely."<BR/><BR/>It has also been suggested that an economy expansion like in the 80s and 90s could be set to happen, according to National Jeweler.<BR/><BR/>"The fundamentals are in place. Productivity is strong, companies are keeping their costs in line, profitability is increasing, companies are spending again and personal incomes are very sound," Mr Forbes added.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=3135121"/>

 

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