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Covid-19 Resurgence Hits Consumer Confidence
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US consumer confidence fell almost 5% this month amid the latest coronavirus wave, according to the Conference Board.The business data group’s Consumer Confidence Index declined to 88.6 in December, from 92.9 in November, it reported Tuesday. Americans...
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Retail
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Dec 24, 2020
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Rapaport News
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July Figures Cast Cloud over US Retail Recovery
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The US retail outlook is declining after the country’s economic recovery slowed in July amid a resurgence of coronavirus cases, according to the National Retail Federation (NRF). “A lack of clarity regarding job outlook and future finances tends...
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Retail
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Aug 06, 2020
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Rapaport News
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US Consumer Spending Unlikely to Grow Soon
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Consumer confidence fell slightly in December, The Conference Board reported, forecasting that spending would not improve significantly in early 2020.The business-data provider’s Consumer Confidence Index decreased marginally in December to 126.5 from 126.8 in November,...
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Retail
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Jan 06, 2020
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Rapaport News
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US Jewelry-Store Sales Fall in First Half
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Sales at specialist jewelry stores in the USslipped 5% year on year to $14.39 billion in the first half, according to datafrom the nation’s Census Bureau. Monthly figures for January to June all droppedcompared with the same time...
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Retail
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Sep 16, 2019
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Rapaport News
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US Jewelry Store Sales Increase
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Sales at specialist jewelry stores in the US increased 4% year on year to$17.36 billion in the first seven months of 2017, according to data fromthe nation’s Census Bureau.In July, sales jumped 11% to $2.47 billion, the data showed.Figures...
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Retail
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Oct 01, 2017
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Rapaport News
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US Jewelry-Store Sales Rise in May
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Sales at specialty jewelry stores in the US jumped 4.7% to$3.06 billion in May, according to provisional data recently published by the US Census Bureau.Sales grew 1.9% to $12.4 billion in the first five monthsversus the same period a year...
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Retail
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Jul 19, 2017
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Rapaport News
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US Jewelry-Store Sales Up in March
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Sales at specialty US jewelry stores reached $2.31billion in March, a 3.3% increase from the previous year, according to provisionalfigures from the US Census Bureau.The increase reflected an 8% improvement in the ConsumerConfidence Index for March, bringing it to its highest...
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Retail
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May 28, 2017
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Rapaport News
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Amazon Diamond Sales Shine this Holiday
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Amazon sold 10,451 carats of diamonds this holidayseason, reporting that overall sales hit record levels during the period.The online retailer said its diamond sales were equivalent in volume termsto six and a half...
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Retail
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Dec 28, 2016
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Rapaport News
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Holiday Sales to Gain From Post-Election Certainty
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U.S. holiday season forecasts for retail improved as increasedcertainty after the presidential elections is expected to bolster sales. Commentatorshave, however, warned about the extent of any potential upturn.“Having certainty on that [elections being over] is probablya...
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Retail
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Nov 15, 2016
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Rapaport News
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Majority of U.S. Consumers Say Recession or Depression Continues
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The Gallup Organization released poll results on April 28, 2011, showing that 55 percent of consumers in the U.S. still believe the country is in a recession or depression, despite statements from the Federal Open Market Committee (FOMC) that "the economic recovery is proceeding at a moderate pace." In a daily survey conducted...
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Research
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May 03, 2011
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Ricci Dipshan
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