Diamond & Jewelry News

February 25, 18 by Albert Robinson
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(IDEX Online) – Sales of fine jewelry and fine watches rose by 8.8 percent in the U.S. market in December 2017, when compared to the same month a year ago, as the graph below illustrates. <?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" /?>

 

Sales were an estimated $18.1 billion, according to preliminary data from the U.S. Commerce Department as the holiday season came to a climax.

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Strong 2017 Jewelry Sales Results

 

Although we had been expecting jewelry sales gains in the U.S. market for 2017 of at least four percent, year-over-year, the actual average figure for the year was considerably higher at 6.9%.

 

American jewelry consumers, collectively, were clearly in a good mood in 2017 with robust sales reported throughout the year perhaps reflecting the healthy state of the U.S. economy.

 

To read the full reports in IDEX Online Research, click here[1]...

References

  1. ^ here (www.idexonline.com)

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