US Watch and Jewelry Sales Steady in February
April 02, 25
(IDEX Online) - Watch and jewelry sales in the US were stable in February, according to the latest figures from the US Department of Commerce, amid ongoing economic uncertainty and shifting consumer behavior.
Overall sales grew by a very modest 0.2 per cent during the month - a slight increase for jewelry, a slight decrease for watches.
That follows on from a 0.9 per cent fall in January (a figure that has been revised down from the 3.0 per cent originally reported, based on actual transactions rather than estimates).
Year-on-year sales from October 2023 to December 2024 had been on the rise, fluctuating between 1 per cent and 10 per cent a month, but that growth appears to have slowed.
In 2024 the US jewelry market grew by 5 per cent overall, to $81.3bn, according to the Bureau of Economic Analysis.
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