SIC 3961 Costume Jewelry and Costume Novelties, Except Precious Metals

Encyclopedia of American Industries | 2005 | Copyright

SIC 3961
COSTUME JEWELRY AND COSTUME NOVELTIES, EXCEPT PRECIOUS METALS

This category 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. The products manufactured within this category include such items as necklaces, rings, artificial pearls, compacts, cuff links, and rosaries. Businesses primarily engaged in manufacturing jewelry of precious and semiprecious material are classified in SIC 3911: Jewelry, Precious Metal; those manufacturing leather compacts and vanity cases are classified in SIC 3172: Personal Leather Goods, Except Women's Handbags and Purses; and those manufacturing synthetic stones for gem stone and industrial use are classified in SIC 3299: Nonmetallic Mineral Products, Not Elsewhere Classified.

NAICS Code(s)

339914 (Costume Jewelry and Novelty Manufacturing)

Industry Snapshot

There were slightly more than 900 firms actively manufacturing costume jewelry in the United States in the late 1990s. Many of the older companies were still based in Rhode Island (which hosts more than 270 of the firms in this industry). According to the U.S. Census Bureau, total product shipments for 2000 were valued $1.3 billion. This was down from the combined value of all goods produced by these companies in 1996, which totaled $1.6 billion. Only about 8 percent of the industry's total production was exported to other countries, including Canada, Japan, and Korea, the top three importers of American-made costume jewelry. Some of the firms were only involved in the manufacture of pieces using purchased components. The items were then sold to costume jewelry retailers, especially...

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