Industry Research

Wedding Expenses Still Rising

Posted on March 18, 2009 by LCT Staff - Also by this author - About the author

TUCSON, Ariz. — No industry is immune to the belt-tightening going on during the current recession.

That includes the wedding industry, which saw a 24% decrease in spending between 2007 and 2008, dropping from an average cost of $28,704 to $21,814 per wedding, according to industry tracker The Wedding Report of Tucson, Ariz.

But while some areas of spending fell — such as transportation and videography, both of which also saw a 24% decrease — some areas overall increased:

• Tuxedo/suit increased by 47%

• Ceremony location increased by 108%

• Bride bouquet increased by 1%

• Brides wedding band increased by 21%

• Grooms wedding band increased by 38%

• Reception bar service increased by 12%

• Reception location increased by 15%

• Reception rentals increased by 84%

According to The Wedding Report, the reasons for the increases include:

• A desire for unique ceremony and reception locations

• The same venue being used for both the ceremony and reception caused increase in location cost and rentals.

• Couples focusing less on engagement rings and more on wedding bands.

Source: The Wedding Report

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