U.S. Jewelry Sales Up on The Year in August

19/10/2015 17:03

Overall sales of fine jewelry and watches in the United States in August were up 2.3 percent from August 2014 to an estimated $5.4 billion, according to the latest data from the Department of Commerce, writes analyst Ken Gassman. Specialty jewelers saw a slight decrease in sales (0.1 percent), while jewelry sales at multi-line merchants such as Wal-Mart, Costco and others rose by an estimated 4 percent.