US Watch and Jewelry Sales Fall Again in December

(IDEX Online) - Watch and jewelry sales in the US fell for a third consecutive month in December, as consumers kept a careful eye on their Christmas purchases. They fell by 1.9 per cent according to the latest figures from the Department of Commerce, although that figure will almost certainly be revised. As it stands, it indicates some degree of recovery after sales fell by 4.2 per cent in October and 5.2 per cent in November. Those figures were initially reported as 3.4 per cent and 3.8 per cent respectively but were updated based on actual through-the-till transactions rather than estimates. Having said that, even after the most extreme revisions December will still be a better month than November.

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