US Watch and Jewelry Sales Rise Slightly in April
June 04, 25
(IDEX Online) - Watch and jewelry sales in the US rose slightly again in April according to the latest Department of Commerce figures, as long-term consumer caution was compounded by uncertainty over the introduction of reciprocal tariffs.
The 0.8 per cent rise was larger than May, at just 0.2 per cent, but still modest. During 2024 sales increased, on average, by just over 5 per cent a month. In the first four months of 2025 the average rise in sales was 0.15 per cent.
The US economy showed signs of moderate inflation easing during the month, with headline inflation at 2.3 per cent, its lowest for over three years, but consumer spending still depressed, up by just 0.2 per cent.
