U.S. Jewelry Sales Rise in All-Important Month of May

Fine watch sales took a big step forward.

Sales of fine jewelry and watches in the U.S. increased by 4.2 percent in May over last year, according to data from the U.S. Department of Commerce that’s cited by IDEX. Noting the importance attached to sales in May (since it includes Mother’s Day), the article says fine jewelry sales increased by an estimated 4.1 percent in the month while fine watch sales jumped by 5.1 percent. Total U.S. sales of jewelry and watches for May were estimated at $7.4 billion, much higher than the average level of $5 billion for monthly sales.

Read more at IDEX