2012, sales in American jewelry stores jumped 11.8% on a year-on-year basis to $ 6.301 billion, Rapaport reports. This result was a record high monthly sales since December 2007, when the sales volume reached $ 6.5 billion. Taking into account the negative consumer price inflation (CPI) for jewelry - this index fell by 2.9 in December %, - it can be noted that the growth in sales indicates even an even stronger market.
Annual sales in jewelry stores in the US showed an increase of 5.7% compared to 2011 and amounted to $ 30.797 billion, which was a record high since 2007, when sales amounted to $ 30.82 billion.
Considering the fact that during this time many retailers left the jewelry business, exceeding the $ 30 billion mark for the first time in five years was an impressive achievement in the field of jewelry sales. In 2012, the consumer price index for jewelry remained high, but by the end of the year it showed a weakening, and the average price growth eventually amounted to only 1%.