The US watch and jewelry market recorded a modest 1.0% sales increase in July, according to newly released data from the US Department of Commerce. The uptick, however, was less a reflection of consumer demand and more the result of exporters and retailers rushing to move inventory ahead of looming tariff hikes. The small rise […]

The post US Watch and Jewelry Sales Edge Up in July Amid Tariff Concerns appeared first on The Jewelry Magazine.

The US watch and jewelry market experienced a downturn in January, marking the first decline in sales in over a year. According to the latest data from the US Department of Commerce, sales dipped by 3.0% compared to January of the previous year. Further revisions to sales figures for November and December indicate slower-than-expected growth. […]

The post US Watch and Jewelry Sales Decline in January, Ending Growth Streak appeared first on The Jewelry Magazine.

The growth in watch and jewelry sales in the US slowed again in May, for the third consecutive month, according to the latest year-on-year estimates by the US Department of Commerce. Sales are still increasing – generally among multi-line retailers rather than specialty jewelers – but the rate of increase is less. Sales were marginally […]

The post Growth in US Watch and Jewelry Sales Slows in May appeared first on The Jewelry Magazine.

Watch and jewelry sales in the US showed encouraging signs during in February, up by 5.8 per cent after a disappointing January (up 0.6 per cent). Spending on Valentine’s Day jewelry was predicted by the National Retail Federation (NRF) to hit a record $6.4bn as the economy showed signs of relative stability. January’s poor performance […]

The post Encouraging Signs for US Watch and Jewelry Sales appeared first on The Jewelry Magazine.

After eight months of consecutive decline, US watch and jewelry sales came within a whisker of positive growth in October. Year-on-year change for the month was -0.7 per cent, according to the latest Department of Commerce figures. That’s the most encouraging performance since an increase of 2.2 per cent in February. Every other month since […]

The post Signs of Recovery for US Watch and Jewelry Sales appeared first on The Jewelry Magazine.

US watch and jewelry sales fell yet again during April, by 7.1 per cent according to figures released by the US Department of Commerce. That’s an improvement on the 8.8 per cent drop in March, but only a slight one. Year-on-year sales showed modest growth from May 2022, but dipped below zero in October 2022, […]

The post US Watch and Jewelry Sales: Another Month of Decline appeared first on The Jewelry Magazine.