Sales of jewelry and watches in the first five months of this year fell 0.6 percent year-on-year to $ 28.7 billion, according to Rapaport News. The sales of jewelry fell 0.5 percent to $ 25.4 billion, and the sales of watches had a stronger impact on the sector, falling by 1.9 percent to $ 3.4 billion.
In addition, sales only in specialized jewelry stores in the US for the first four months showed a more serious decline, falling by 4.7 percent year on year to $ 8.5 billion. The general parameters for the month are planned to be published on July 14.
Updated data on sales for May in US department stores continue to show a decline - a decline of 3.2 percent year on year to $ 13.6 billion. But low consumer spending was also noted in both retail and food products, with the exception of automotive and automotive parts, as sales were unchanged at $ 364.03 billion. The volume of retail sales increased by 2 percent. The volume of retail sales from trays and in the markets increased by 6 percent to $ 37.681 billion.
According to Lindsey M. Piegza, chief economist at Stifel, consumer spending in May rose higher than expected, an increase of 0.9 percent on a monthly basis, the highest in almost six years. "For three months in terms of the year, consumer spending grew by 4 percent, which is equivalent to the growth rate at the end of last year," she said in an explanatory note for clients.
http://rough-polished.com/ru/expertise/www.diamonds.net/News/NewsItem.aspx?ArticleID=52681&ArticleTitle=U.S.%2bJewelry%252c%2bWatch%2bSales%2bFlat%2bin%2bMay%2b
No comments:
Post a Comment