U.S. WATCH IMPORTS REBOUND Watch imports grew a modest 4.3% to 102 million units in the first half of 1995, according to the U.S. Department of Commerce and the American Watch Association. That's a strong turnaround from the 2.2% decrease reported for all of 1994. The customs value (the value of the watches themselves before the addition of tariffs, freight, insurance and other charges) of the watches rose 18.3% to just over $1 billion. Precious-metal case watches had a stellar performance, rising to 1.3 million units (up 62.5%) worth $133 million (up 46.2%). The country reporting the largest percentage increase in watches sent to the U.S. was the Philippines, up 24%. Here's a breakdown of imports from other major watch sources: Japan, up 25%; Thailand, up 15%; Italy, up 3.2%; China, down 4.4%; Hong Kong, down 5.1%; and Switzerland, down 8.4%. Considering only watches with prec

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