US Jewelry Sales Spike in February

By John Jeffay / March 19, 2023 / www.idexonline.com / Article Link

(IDEX Online) - US jewelry sales enjoyed a "spike" during February, driven in part by Valentine's Day, according to Mastercard SpendingPulse, along with other gifting sectors.But it didn't provide an actual percentage increase, as it generally does.It did, however, say that apparel and department store sales - also classed as gifting sectors - saw growth of 3.9 per cent and 5.6 per cent respectively.Overall sales excluding automotive were up 6.9 per cent year-on-year, according to data on in-store and online retail sales across all forms of payment."Following a dynamic holiday season, consumer spending returned to a familiar and healthy balance in February," said Steve Sadove, Mastercard senior advisor."Consumers have remained resilient, prioritizing discounts where possible to counteract inflationary pressures." 

Recent News

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com

Most major producers rise but TSXV gold mixed

October 06, 2025 / www.canadianminingreport.com

Platinum, palladium, copper gain on green China, supply constraints

September 29, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok