Supply and demand for engagement rings

Posted by Miguel Monzon on

"Quarantine has meant make-or-break for many relationships," Trish Stevens, category director of fine watches and jewelry at The RealReal, wrote in a statement to Business Insider. "While we're seeing an influx of people purchasing engagement rings, we're also seeing more people consign them."

According to an analysis conducted by Legal Templates — a company that allows users to create and track legal documents — the number of couples seeking divorce between March and June increased by 34% from the same period in 2019.

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