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U.S. Jewelry Store Sales Rise in March

May 30, 2016 7:49 AM   By Rapaport News
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RAPAPORT... U.S. specialty jewelry store sales increased 3 percent year on year to $2.12 billion in March, according to the latest data from the U.S. Census Bureau. The growth at specialty stores was slower than for the sector as a whole, as jewelry and watch sales across all channels advanced 4.2 percent to $4.65 billion during the month.

Specialty jewelry store sales in the first quarter of 2016 increased 1.4 percent to $6.53 million. Total U.S. jewelry and watch sales in the first quarter advanced 4.9 percent to $15.47 billion, according to preliminary Rapaport News estimates.

In April, overall U.S. retail and food-services sales increased 3 percent from a year ago to $453.4 billion, the U.S. Census Bureau said. The figure is adjusted for seasonal variation and holiday and trading-day differences, but not for price changes.
Tags: Jewelry, Jewelry sales, Rapaport News, retail, u.s., U.S. Census Bureau, u.s. jewelry sales, U.S. jewelry store sales
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