Q:What is your outlook for the industry in 2017?
“My outlook for the gem and jewelry industry in 2017 is positive. Here in Texas, it’s oil country and as long as oil stays above $50 per barrel, we’ll be in good shape down here. I believe another positive indicator is seeing the stock market continuing to go up. When the stock market goes up, so does consumer confidence. In just a few weeks after the election, we already see people feeling better about buying jewelry and other luxury items. People are glad the election is over and we can continue to make progress. Again, we’re already seeing more optimism about buying jewelry and getting ready for the holiday season and the new year ahead.”