US luxury jewelry shoppers

Mastercard Report: Jewelry Sales Up in the US in September

According to the Mastercard SpendingPulse information service, quoted by Rough & Polished, the volume of retail jewelry sales in the US went up 6.9% in September 2022 compared to the same month in 2021, and 67.7% when compared to three years ago.

 

The report also said that e-commerce sales were up 10.7% year-on-year, and that spending on “Airlines and Lodging” experienced “double-digit year-over-year growth.”

 

A recent analysis published by IDEX Online shows that growth in sales of jewelry and watches in the US hit “a two-year low in August, at just 3.7%.”  Jewelry sales rose 3.9% and watch sales were up 3.6% during August – an average increase of 3.7%.

 

Tiffany & Co. jewelry
Credit: Iris Hortman

Other articles on the category

The branch news