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MyJewelryRepair.com Shows Growth in Industry Stuck in Tailspin

RANCHO CUCAMONGA, Calif. /ScoopCloud/ -- The Jewelers Board of Trade continues to report less than inspiring numbers for the jewelry industry at large, says MyJewelryRepair.com. The number of retail jewelers, wholesalers, and manufacturers closed down in the U.S. and Canada has risen to 1,564 in 2016, up five hundred and change from 2015's numbers. This decline represents what National Jeweler calls a "[64 percent] year-over-year increase" in closed businesses.