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
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