Survey: Luxury Up 8% in June, Jewelry Showed Strength and Weakness

The De Beers Jewelry Store on Rodeo Drive in Los Angeles.

In its ninth consecutive month of year-over-year gains, the SpendingPulse Luxury Index (excluding Jewelry) for June was up 8.2 percent, more in line with first quarter of the year and better than the 4.7 percent gains seen in May 2011, according to MasterCard Advisors SpendingPulse, a macroeconomic report tracking national retail and