Industry group the National Federation of retailers (National Retail Federation, NRF) expects that retail sales in the US during the holiday season can grow due to improving employment in the country, increasing the income of the population and the growth of consumer sentiment.
Revenue retailers, is expected to increase from November to December by 3.6% compared to the same period last year, to $ 655.8 billion. The average for the past 10 years, this figure grew by 2.5%.
"During this year there was a steady increase in the number of jobs and income, which can result in increased confidence (buyers) and consumers' credit growth Against this backdrop, US retail sales in the holiday season and can grow." - say in the NRF.
The forecast is based on the US economic indicators, including consumer credit, disposable personal income and previous monthly retail sales data.
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First Exhibition and Symposium on the discovery of synthetic diamonds (Diamond Detection Expo and Symposium, DDES ), where participants had the opportunity to familiarize themselves with synthetic diamonds and their detection technologies, was held in the building of the Indian Diamond Exchange (Bharat Diamond Bourse, BDB) in Mumbai.
DDES was organized by the Council to promote the export of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) and BDB. The exhibition was attended by more than 7000 visitors, and in the workshops - more than 1,100 people, says the GJEPC. The event was held for two days.
On DDES demonstrated the latest equipment for the detection of synthetic stones for representatives of trade. Many of the most prominent laboratories involved in the detection of synthetic diamonds, attended the event. Among them - GIA India, HRD Antwerp, the International Gemological Institute (International Gemological Institute, IGI), the International Institute for the classification and research of diamonds (International Institute of Diamond Grading and Research , IIDGR) company De Beers, the Gemological Institute of India (Gemological Institute of india, GII), DRC Techno, and Gemological Science International (GSI).
Expert talks and panel discussions focused on the problem of synthetic diamonds, they are detected and technologies for this, to raise awareness of diamond traders and manufacturers of polished diamonds.
In the second day of the event, a panel discussion, in which three conclusions were made: the need to develop cheap technical solutions for the diamond industry; to develop a system of classification and documentation; as well as the improvement of the diamond trade members awareness of the problem of synthetic stones.
Pravinshankar Pandya (Praveenshankar Pandya), chairman of GJEPC, said: "The main motive for our industry - to maintain consumer confidence in diamonds and protect ourselves from an undisclosed synthetic stones." He assured the audience that soon in Surat will be created the Commission for monitoring natural diamonds (Natural Diamond Monitoring Committee, NDMC) following the example of a similar body in Mumbai.
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