The jewellery industry in the United States is showing signs of recovery after being hit by the recession. In fact, jewellery sales are expected to grow 9 per cent this year. According to reports by Bain & Company, the diamond market will remain balanced over the next four years. However, by 2018, it is predicted that demand will outpace supply as existing mines are depleted. Bain & Company's report also indicated that despite growth in China and India, the US remains the worlds largest market for diamond jewellery.