US Jewelry Sales Recovering have Grown more than Double in March

According to the Mastercard SpendingPulse, the jewelry sales in the US have increased 106% in March in comparison to the same period last year. The numbers reflect the recovery of the market after the government stimulus and the reopening of business across the country. Compared to March 2019, jewelry sales increased 30%, representing an increased demand in the sector.

This same trend can be seen in most retail categories, with higher increases found in e-commerce revenue, something expected given the worldwide lockdowns due to Covid.

Read More in Mastercard’s SpendingPulse.