The total sales of jewelry and watches in the US in May showed an annual increase of 5.6% and reached $ 7.192 billion, Rapaport reported citing preliminary government data.
Data on sales for April did not change, but the data for March were revised downward. Preliminary results of sales of jewelry and watches in the first five months of the year show an increase of 3.4% to $ 29.95 billion.
Sales growth since the beginning of the year was consistently small and kept within a few percent, however in May the growth was the most significant since November last of the year.