Where does Jewelry, Watch, Precious St… sit in the mid-pack industry band?

Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers ranks #293 of 499 tracked industries by calendar-2024 contract dollars at $96.0M (LIGHT · WHOLE).

How much federal contract spending sits under Jewelry, Watch, Precious St…?

USAspending.gov records show $96.0M in calendar-2024 federal contract awards under NAICS 423940.

Where does the WHOLE sector placement for Jewelry, Watch, Precious St… come from?

Placement is computed from our USAspending.gov calendar-2024 extract ordered by total contract dollars descending (same basis as /industries/).

USAspending.gov · NAICS 423940 · Wholesale Trade

Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

Name: Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (NAICS 423940) - Federal Contract Data
Creator: PlainFedContract
License: https://creativecommons.org/licenses/by/4.0/

Mid-pack NAICS industry on the industries board — code 423940 in Wholesale Trade.

By PlainFedContract ·USAspending.gov source →

CY2024 awards: $96.0M
Corpus rank: #293 of 499
Award plate: LIGHT
Sector: WHOLE · NICHE

Jewelry, Watch, Precious St… federal industry awards

Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers sits in the mid-pack on the NAICS award board at $96.0M CY2024 (#293 of 499).

PlainFedContract attributes calendar-2024 contract dollars to NAICS 423940, not firm revenue. Stamp board: LIGHT · WHOLE. See /methodology/#naics.

Year-over-year change, 2022–2024

Across the calendar years on file, Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers’s annual contract dollars fell from $419.5M in 2023 to $96.0M in 2024. 77.1% vs 2023 The strongest year on file is 2023 at $419.5M.

Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers annual contract dollars, calendar 2022-2024

Calendar-year prime contract obligations by action date (award types A-D). Annual figures use the same NAICS classification basis as the CY2024 headline above.

Source: USAspending.gov spending_by_category

How Jewelry, Watch, Precious St… sits in the mid-pack award band

$96.0M · #293 of 499 by CY2024 industry awards , mid-pack on the NAICS award board (same order as the industries listing). See methodology.

$96.0M under NAICS 423940 · #293 of 499 , LIGHT · WHOLE · NICHE · DRIFT. Nearest ABS peer: Switchgear and Switchboard Appa… at $95.4M (LIGHT).

Calendar-2024 actions under NAICS 423940 count as opportunity size, not firm revenue. Sector weight is light within WHOLE. Populations, lag, and NAICS/SBA rules: methodology.

Source: USAspending.gov · U.S. Department of the Treasury

Mid-scale industry peers nationwide

Cross-sector peers from the USAspending NAICS extract: nearest mid-scale calendar-2024 award dollars and nearest sector-weight share. Not recommendations.

Closest CY2024 award dollars

Switchgear and Switchboard Apparatus Manufactur… $95.4M
Nuclear Electric Power Generation $95.3M
Specialized Freight (except Used Goods) Trucking $97.5M
Other General Government Support $97.6M
Fabricated Pipe and Pipe Fitting Manufacturing $98.3M
Hardware Stores $93.7M

Disclaimer: Data from USAspending.gov public records. For informational purposes only. Industry spending amounts are aggregated from contract awards and may not reflect the most current data. Always verify with official sources.

Next read: How government contracts work · All industries · Top contractors

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from official public datasets. See our methodology for details. Compiled from USAspending.gov by the PlainFedContract editorial process.

Compiled by PlainFedContract, Government Agencies Editorial Process · August 14, 2026

Publisher	PlainFedContract
Sources	Public official public datasets