3.8% Uplift in US Jewelry Sales Over Labor Day Weekend

Over the month of September, jewellery sales in the United States increased over Labor Day weekend. 

A year-on-year rise of 3,8% is recorded for September, which means a notable growth according to Mastercard SpendingPulse. General retail sales also saw a climb in their numbers, both online and in-store, and restaurants noticed an increase as well. 

Mastercard has recently also released its holiday-spending forecast, predicting that the period of November 1 to December 24 will see a rise of 3,2%  compared to the same period previous year. It also stated that younger shoppers could opt for new, popular jewellery brands instead of the traditional, more expensive ones.

Photo credits: Envato Elements