Watch and jewelry sales in the United States saw a small increase in April, according to new data from the Department of Commerce. The slight growth comes as consumers continue to spend cautiously, influenced in part by concerns over possible reciprocal tariffs.
Sales rose by 0.8 percent in April, a bigger increase than the 0.2 percent growth recorded in March. While the rise is modest, it marks a continued upward trend. Throughout 2024, monthly sales had grown by an average of just over 5 percent. However, in the first four months of 2025, the average monthly increase has slowed significantly to just 0.15 percent.
The broader economic picture shows some signs of improvement. Inflation eased in April, with the headline rate falling to 2.3 percent — the lowest level in more than three years. Despite this, consumer spending remained weak, with only a 0.2 percent increase during the month.
The figures suggest that while inflation is cooling, uncertainty in trade policy and overall economic caution continue to hold back stronger growth in the luxury retail sector.
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