If You Are Worried About Swiss Watch Industry . . .
If You Are Worried About Swiss Watch Industry, then have a look at this data, on Swiss exports for the first nine months of 2012 -- http://www.fhs.ch/script/getstat.php?file=mt3_120109_a.pdf
Here are the percentage increases in sales, comparing first nine months of 2012 with the first nine months of 2011.
- Hong Kong +14.0%
- USA +13.4%
- China +5.9%
- France +4.4%
- Germany +36.0%
- Italy +12.8%
- Singapore +0.9%
- Japan +26.6%
- United Arab Emirates +20.7%
- United Kingdom +16.9%
Recession? Not happening in the world of luxury goods.
Jeff