November 2015 shows new hopes to U.S jewelry stores

The sales at the close of the year 2015 and in the month of November show a growth of 3.6% Y-O-Y to $2.6 billion, as per the interim statistics from the U.S. Census Bureau. In addition, Rapaport News likewise surveys the jewelry and watches market in the month of December across all channels to calculate out the growth in the sales.

In the new release of the U.S. Census Bureau sales of the U.S. specialty jewelry store is proclaimed to show a hike of 3.6% Y-O-Y to $2.6 billion at the close of the year 2015 in the month of November. In addition, to the U.S. Census Bureau reported provisional figures, Rapaport News in the month of December also delineate the overall increase in sales across all the channels of jewelry and watches. Granting to the report submitted by the Rapaport News the sales show a growth curve that approximates a 3.3 percent increase in sales volume and revenue generation over the same period. The sales growth index shows the enhanced sales that incorporate jewelry stores along with other outlets. As per the sources, Specialty jewelry store sales in the year 2015 for the first 11 months fell 1% y-O-Y to $24.69 billion. In contrast, the Rapaport News reported in its report that jewelry and watch sales show an increment of 1.1% across all channels to $60.47 billion.