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US Jewelry-Store Sales Up in March
May 28, 2017 10:34 AM
By Rapaport News
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RAPAPORT... Sales at specialty US jewelry stores reached $2.31
billion in March, a 3.3% increase from the previous year, according to provisional
figures from the US Census Bureau.
The increase reflected an 8% improvement in the Consumer
Confidence Index for March, bringing it to its highest level since December
2000, data from the Conference Board trade body showed. That figure then
declined 3.7% in April.
In the first quarter, jewelry-store sales increased 1% year
on year to $6.92 billion, added the Census Bureau report, which came out
earlier this month. The report lags about two months behind the month under
review.
Image: International Gem and Jewelry Show
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Tags:
conference board, consumer confidence, Consumer Confidence Index, jewelry store sales, jewelry stores, Rapaport News, retail, retail data, US Census Bureau
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