US Watch and Jewelry Sales in 2021 are Highest for a Decade
April 07, 22
(IDEX Online) - Total sales of US watches and jewelry were over $115bn in 2021, the highest figure, by far, for at least a decade. It's an increase of just over 50 per cent on 2020, according to the Department of Commerce. Suppliers and retailers tell us stay-at-home consumers went on a spending spree last year. Travel restrictions halted their vacation plans so they bought jewelry instead. No guarantees that it will continue. Overall sales were relatively steady between 2012 and 2020, averaging $72bn.
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