Some Americans are seeing little disruption to their income streams during the pandemic but demonstrating wildly different spending and shopping habits thanks to having an influx of cash by postponing vacation plans and other expenses like going out to eat. This is being called the "corona bonus" and is impacting engagement ring sales.
What Businesses Are Being Positively Impacted by The Pandemic?
Dan Moran of Concierge Diamonds in Los Angeles was interviewed by Business Insider about the phenomenon known as the 'corona bonus' and asked to provide his insight into the engagement ring industry.
Read Dan's interview here and to learn what other market sectors have experienced little impact due to the pandemic.
If you'd like to schedule a free consultation with the team at Concierge Diamonds for your engagement ring, fill out the form below. Concierge Diamonds works with clients all over the world to create custom diamond engagement rings and fine diamond jewelry.