encompasses businesses primarily engaged in manufacturing costume jewelry, costume novelties, and ornaments made of all materials, except precious metal, precious or semiprecious stones, and rolled gold paste and gold-filled materials.
Earrings are one of the biggest sellers, followed in volume by necklaces and pins.
SIC 3961: Costume Jewelry and Costume Novelties, Except Precious Metal.
Manufacturers spent a total of $471 million on materials in 2000, compared to $555 million in 1998.
According to the U.S. Census Bureau, total product shipments for 2000 were valued $1.3 billion.
There were slightly more than 900 firms actively manufacturing costume jewelry in the United States in the late 1990s
In 2000, this industry employed 15,096 people, of whom 9,514 worked in production. They earned an average hourly wage $9.94.
The industry is centered in the city of Providence, Rhode Island, which originally attracted fine jewelry artisans in the eighteenth century
Most large costume jewelry companies sell their wares through department stores, an innovative marketing strategy that evolved during the 1950s.
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The Bold and the Beautiful - 1987 1-3961 was released on: USA: 10 January 2003