NAICS 458310 Quarterly Industry Report
Jewelry Retailers
Comprehensive industry research for valuation professionals, business owners, buyers, and lenders
NAICS Code: 458310Sector: 45Updated: Q1 2026
About This Report
This NAICS 458310 industry report compiles data from the U.S. Census Bureau[4] Annual Retail Trade Survey, Bureau of Labor Statistics[5] employment statistics for jewelry retail workers, and Small Business Administration[6] size standard tables. Fair Market Value researchers integrate these federal sources with Jewelers Board of Trade data and Gemological Institute of America industry reports to deliver quarterly updates. Each NAICS 458310 report revision captures employment patterns, consumer spending trends, and market dynamics specific to jewelry retailing.
Industry Definition & Overview
Jewelry Retailers (NAICS 458310) encompasses establishments primarily engaged in retailing new jewelry, watches, clocks, and silverware, including both sterling and plated items. Many of these retailers also offer lapidary work, jewelry repair, watch repair, and custom design services alongside retail sales. Stores range from luxury jewelers in upscale shopping districts to mall-based chain locations and independent neighborhood shops.
The U.S. Census Bureau[4] classifies jewelry retailers separately from clothing accessories stores (458110) that may sell costume jewelry. Fine jewelry stores carry diamonds, precious gemstones, gold, silver, and platinum pieces at price points substantially higher than fashion jewelry sold at apparel retailers. Engagement rings and bridal jewelry represent a major revenue category, with seasonal peaks around Valentine's Day, holiday gifting periods, and wedding season.
Custom design and repair services create recurring revenue and customer loyalty that pure retail operations cannot match. Independent jewelers often compete through personalized service, gemological expertise, and custom fabrication capabilities. Chain operators like Signet Jewelers, Tiffany, and Kay Jewelers leverage brand recognition and financing programs to capture market share. Online jewelry sales have grown but face consumer resistance due to the high-value, tactile nature of the product and the importance of personal trust in gemstone quality verification and authenticity.
What's Included in This Industry
- Retailing diamond, gold, and gemstone jewelry through specialty stores
- Selling watches and luxury timepieces at dedicated retail locations
- Operating sterling and plated silverware retail establishments
- Providing jewelry repair, resizing, and restoration services at retail locations
- Offering custom jewelry design and fabrication through retail shops
- Selling engagement rings and bridal jewelry through specialty retailers
- Operating clock and watch repair shops combined with retail sales
- Retailing estate and antique jewelry through specialty dealers
- Providing lapidary and gemstone cutting services at retail jewelry stores
- Selling fashion and fine jewelry through mall-based chain store locations
NAICS Classification Hierarchy
| Level | Description | Code |
|---|---|---|
| Subsector | Clothing, Clothing Accessories, Shoe, and Jewelry Retailers | 458 |
| Industry Group | Jewelry, Luggage, and Leather Goods Retailers | 4583 |
| NAICS Industry | Jewelry Retailers | 45831 |
| National Industry | Jewelry Retailers | 458310 |
Related NAICS Codes
| Code | Description | Relationship |
|---|---|---|
| 458110 | Clothing and Clothing Accessories Retailers | Clothing and accessories retailers sell costume jewelry and fashion accessories that compete with fine jewelry stores at lower price points in accessory categories |
| 458320 | Luggage and Leather Goods Retailers | Luggage and leather goods retailers sell luxury accessories through similar high-end retail formats that attract overlapping affluent consumer demographics |
| 339910 | Jewelry and Silverware Manufacturing | Jewelry and silverware manufacturing produces the rings, necklaces, watches, and other items that retailers purchase from domestic and international manufacturers |
| 339930 | Doll, Toy, and Game Manufacturing | Doll, toy, and game manufacturing produces collectible items that some jewelry retailers carry alongside watches and decorative accessories |
| 423940 | Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers | Jewelry and watch merchant wholesalers distribute products from manufacturers to retail jewelers through wholesale trade show and sales representative channels |
| 455110 | Department Stores | Department stores operate jewelry counters and watch departments that compete with specialty jewelry retailers, particularly in mid-range price categories |
SBA Lending Summary
1,304
Total SBA Loans
$488.1M
Total Loan Volume
$374K
Average Loan Size
10 yrs
Average Loan Term
10.62%
Average Interest Rate
5,944
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[3]
Key Insight: The Small Business Administration[7] classifies businesses under NAICS 458310 as small if their average annual receipts do not exceed $21 million. Independent jewelers, watch retailers, and small chain operators below this threshold qualify for SBA lending programs. SBA 7(a) loans[8] provide financing for inventory acquisition, store security systems, and working capital. The SBA 504 program[9] supports real estate purchases and major vault and display case investments for owner-operated jewelry retail locations.
Top SBA Lenders
| # | Lender | Loans | Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 72 | $42.0M | $583K |
| 2 | LendingClub Bank, National Association | 16 | $40.0M | $2.5M |
| 3 | City National Bank | 8 | $36.0M | $4.5M |
| 4 | Newtek Bank, National Association | 72 | $32.9M | $458K |
| 5 | Fortress Bank | 8 | $28.4M | $3.5M |
Frequently Asked Questions
Common questions about this industry.
What businesses fall under NAICS 458310?
NAICS 458310 covers fine jewelry stores, watch retailers, silverware dealers, and establishments combining jewelry sales with repair or custom design services. Both luxury and mid-market jewelers qualify. The U.S. Census Bureau[4] provides the official definition.
How does NAICS 458310 differ from clothing accessory retailers?
Jewelry retailers (458310) specialize in fine jewelry, precious metals, gemstones, watches, and silverware. Clothing accessory retailers (458110) sell costume jewelry as part of broader fashion accessory assortments. The Census Bureau[10] draws the line based on primary product focus and price tier.
What is the SBA size standard for jewelry retailers?
The SBA sets the size standard at $21 million in average annual receipts for NAICS 458310. Independent jewelers and small chain operators generally fall below this level. Current standards appear in the SBA table of size standards[6].
Which NAICS codes are most related to 458310?
Closely related codes include 339910 for jewelry manufacturing, 423940 for jewelry wholesalers, 458110 for clothing accessories retailers, and 455110 for department stores. Each represents a different link in the jewelry supply chain or a competing retail channel.
What industries interact with jewelry retailers?
Jewelry manufacturers (339910) supply products, wholesalers (423940) distribute inventory, clothing retailers (458110) compete in fashion accessories, and department stores (455110) offer competing jewelry departments. Gemological laboratories provide grading and certification services that support retail sales.
What activities does NAICS 458310 include?
Activities cover retailing fine jewelry, watches, clocks, and silverware, providing jewelry and watch repair services, offering custom design and fabrication, and performing lapidary work. The Census definition[4] lists the complete activity scope.
Can jewelry store owners get SBA loans?
Jewelry retailers with receipts under $21 million qualify for SBA 7(a) loans covering inventory, security systems, and working capital. The 504 program funds real estate and major capital investments. Details are at the SBA funding programs page[11].
Where are jewelry retailers concentrated in the U.S.?
Jewelry stores cluster in shopping malls, upscale retail districts, and diamond districts in major cities. New York, California, Texas, and Florida have the highest establishment counts. New York City's Diamond District on 47th Street represents the nation's densest concentration of jewelry businesses.
Sources & References
Government datasets and editorial sources used in this report.
- [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
- [2]U.S. Census Bureau, Economic Census census.gov
- [3]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
- [4]U.S. Census Bureau census.gov
- [5]Bureau of Labor Statistics bls.gov
- [6]Small Business Administration sba.gov
- [7]Small Business Administration sba.gov
- [8]SBA 7(a) loans sba.gov
- [9]SBA 504 program sba.gov
- [10]Census Bureau census.gov
- [11]SBA funding programs page sba.gov
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