U.S. Jewelry and Watch Sales Robust in May
July 25, 18(IDEX Online) – Sales of fine jewelry and fine watches rose by 12.0 percent in the U.S. market in May, when compared to the same month a year ago, as the graph below illustrates.
Sales were an estimated $9.1 billion, according to preliminary data from the U.S. Commerce Department.
2018 Jewelry Sales Continue Robust Pattern
American jewelry consumers continued to provide robust sales figures in May, according to the figures for the first five months of this year.
With the American economy continuing to improve, it's reasonable to assume that the figures will keep showing a solid performance in the coming months.
As stated previously, the traditionally less robust summer sales months will provide a more accurate indication of the strength of national jewelry sales going forward.