US Watch and Jewelry Sales: Another Slight Rise in May
July 02, 25
(IDEX Online) - Watch and jewelry sales in the US increased again during May, and April's figure was revised upwards in the latest update from the Department of Commerce.
Sales were up by 2.8 per cent in May and 2.3 per cent in April (initially reported as 0.8 per cent, based on estimates rather than through the till transactions).
But despite these increases, growth in sales has, in recent months, been at its slowest since the post-pandemic recovery began. There were sustained improvements from the end of 2023, culminating in increases of 10 per cent or more in September and October 2024.
Things have, however, slowed down since. Growth dipped below zero in January and has yet to reach 3 per cent in any single month since then.
IDEX Online subscribers please click here to read the full report.