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US Jewelry Sales Soared in May, Survey Finds

Sales were up 44.7 percent from May 2019.




Jewelry sales were up 203.4 percent in May 2021 compared to the same month a year earlier, during the height of the COVID-19 pandemic, according to the latest Mastercard SpendingPulse report.

Sales were up 44.7 percent from May 2019.

Total U.S. retail sales, excluding automotive and gasoline, increased 12.2% year-over-year in May 2021, and 10.2 percent compared to May 2019. Online sales in May grew 1.1 percent and 94.8 percent respectively, compared to the same periods.

Mastercard SpendingPulse reports that May marked the eighth consecutive month of total retail sales growth, excluding automotive and gasoline.

Total U.S. retail sales are expected to grow 5.5 percent excluding automotive and gas during the critical July 15 through Sept. 6 back-to-school period compared to 2020. Compared to 2019, sales are expected to grow 6.7 percent.

Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment.


MasterCard Spending Pulse

MasterCard Spending Pulse 2



Maximize Every Sale with Wilkerson

When it’s time to run a sale, whether it’s a retirement, going-out-of-business, anniversary or “we’ve got too much merchandise” sale, let Wilkerson handle the details. The Diamond Galleria did just that when they selected Wilkerson to run its liquidation sale. According to Sharon, their CPA, it was the right choice. “We could have done a going-out-of-business sale ourselves and done 30 to 40 percent of what we actually sold with Wilkerson involved,” she says. Seeing the strategies that Wilkerson puts in place for every sale was something that convinced her they had made the right move. “I would highly recommend Wilkerson to anyone considering this type of sale.”

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