Well we don’t know until we see the statistics. But anecdote will suffice for now. I am clipping stories on this very subject and adding the links here. It seems that the majority of couples are effected by the economic downturn, those with little will spend less, those in the middle are being cautious, while those with a lot don’t want to flaunt it. Other articles say there is no slowdown at the top. Getting a read on the vendors is even harder than the brides. Some vendors are cautious to say business is worse, because it can become a self-fulfilling statement if you tell the New York Times or the local newspaper that you are not booked up, couples reading this may expect more discounts from their vendors. I do beleive that some good vendors are keeping good pace, and these are the times where the good and experienced vendors are seperated from the bad.
I listed some more stories below.. and don’t you love the photo? It actually would be cheaper for you to make the bouquet below rather than buy one…that is unless you use 100 notes. Bridesmaids would dive for this bouquet at the toss. lol.
A few anectdotes in the media is never a pure science and the media loves anectodotes. I’ll keep posting new articles on this subject. What I do expect in the numbers is that the average amount spent on weddings will drop again this year as it did in 2008. Right now the average amount spent nationwide on a wedding is $28k. There will also be that number that reports total consumer spending in the category of weddings, which ranges greatly, somewhere on the low-estimates around 70 billion. Despite spending, it will be interesting to see how many wedding licences are issued, and if that is a growing figure. From the Time article, it seems that couples may not have the big wedding, but according to one pastor’s anectdote, they ran to the alter last year to get that tax break or take advantage of employer benefits for spouses. Will “more marriage less wedding” be the new trend? The predictions on theweddingreport.com says number of weddings will be flat through 2009. We shall see if this prediction remains true.
Numbers and statistics can be found at the weddingreport.com.