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Diamond Sales Increasing.
Consumer drive for diamonds hasn't waned in the past decade, with the Diamond Information Center (DIC) reporting 2005 as the 10th consecutive year of retail diamond jewelry's growth in the U.S.
Diamond jewelry sales rose in 2005 to $33.7 billion, up 7 percent from $31.5 billion in 2005. In addition to the growth of overall U.S. sales, which comprise more than 50 percent of worldwide sales, transactions grew by 3 percent and average ticket prices were up by 4 percent.
