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US Jewelry-Store Sales Up in March

Consumer confidence hits highest level since 2000.
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
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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