Jewelry sales in the month of December increased 10.4 percent compared with last year, according to a report from MasterCard Advisors’ SpendingPulse, which tracks sales nationally.
This was the first time since June 2010 that the sector enjoyed double-digit growth. The increase was driven primarily by strong performance by independent jewelers, as well as the high-tier segment.
SpendingPulse also reported that online jewelry sales were up 5 percent.
The company has previously said that jewelry sales rose 8.4 percent for the holiday season.