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US Watch and Jewelry Sales Back to “Normal Growth” in January 2022

More "normal" growth in jewelry sales is expected in the coming year
US luxury jewelry shoppers
Credit: Syda Productions / shutterstock.com

Jewelry and watch sales in the US rose 23.8% year-on-year in January, “which suggests the post-pandemic recovery is slowing,” according to IDEX Online.

 

cartier luxury fine jewelry
Credit: Iris Hortman

 

Jewelry sales rose 24% per cent and watch sales were up 22.7% during the month, which marks an average increase of 23.8%.

 

Cartier luxury store China
Credit: Iris Hortman

 

According to IDEX Online,as the “depths of the pandemic are now behind us,” more “normal” growth in jewelry sales is expected in the coming year, “perhaps in the mid-to-high single digit range, though inflation could push that growth to low-double digits – in the teen range.”



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