News Flash: Wedding Spending Is Up

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The Knot has released its much anticipated wedding report, which surveyed nearly 18,000 couples who were wed in 2011. And the news is good for suppliers to the weddings industry.

“For the first time since 2008, wedding budgets are on the rise,” says Carley Roney, cofounder of The Knot. “In 2011, one in five couples spent more than $30,000 and 11 percent spent more than $40,000 on their wedding. Our research shows that couples and their families are less concerned with the economy and are increasingly comfortable investing more in the once-in-a-lifetime occasion of their wedding.”

Highlights of the report include:
Average wedding budget : $27,021
Average spent on a wedding dress: $1,121
Average marrying age: Bride, 29; groom, 30
Average number of guests: 141
Average number of bridesmaids, groomsmen: 4-5
Most popular month to get married: September
Most popular wedding colors: blue (30 percent), purple (25 percent) green (24 percent)
Percentage of destination weddings: 24 percent

A look at an average wedding budget in 2011 by category

About the author : Event Solutions

Event Solutions

Since 1996, Event Solutions has been giving corporate, association and independent event and meeting professionals the resources they need to navigate the rapidly changing landscape of the industry. From cutting-edge features on trends and technologies to behind-the-scenes profiles of some of the industry’s most prestigious events, we provide professionals with the resources they need to succeed.

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