photo courtesy of elizabethannedesigns.com
Cheers to the NEW YEAR and HAPPY 2011, everyone!
Can’t even believe it’s 2011 already… for serious, where did 2010 go? With the New Year comes new beginnings, new resolutions and my personal favorite, new trends! I love love love looking forward to what a new year will unfold, and from what I’ve seen, it doesn’t look like this one will disappoint!
With all the in’s and out’s of the wedding world, sometimes it’s nice to have an overview. So, this week, I’d like to give you an insider’s look into some of the latest and greatest the wedding industry has to offer – from trends and traditions to stats and spending!
As a member TheWeddingReport.com - a research company that specializes in gathering and reporting wedding industry trends, facts and information – Marilyn’s Keepsakes gladly receives firsthand knowledge about where the wedding industry’s been and where it’s going. Below are some of 2011′s latest breakdowns and forecasts based on studies, polls and research in the US :)
This section will mainly focus on the nuts and bolts of wedding spending…
Number of Weddings: How many People will Take the Plunge in 2011?
While the recent recessive struggle of years past has pointed more couples to simply walk the co-habitation line, there are still others who gladly forge forward and venture down the aisle to say “I do.” While still slightly lower than numbers from just 5 years ago, there is still an expected 2.1 million weddings set to pop off in 2011… looks like marriage is still one of the cool kids :)
Average Cost: Because Love Can’t be Measured
Like the amount of weddings since 2005, the amount spent on weddings is also down… but it’s not out! The average amount estimated for 2011 weddings will fall somewhere between the $23,000 – $25,000 range. Of course this encompasses all wedding from the outrageously lavish to the DIY dandies!
Average Age: How Old are Brides & Grooms
It’s all about first-timers! 2011 has a much greater percentage of first-time brides and first-time grooms saying “I do,” which also accounts for the slightly lower ages than past years. With about 91% of brides and 87% of grooms getting married for the first time, the average age of the bride is around 27, while the groom is slightly older (but not necessarily wiser – hehe!) at 29.
Number of Guests to Impress
It’s no secret that the economy is still all kinds of icky and because cutting the guest list is one of the #1 way for most couples to save money, the amount of people brides and grooms have invited to their big day have been on the decline for several years. However, there is a slight rise to the average from 2010 to 2011 with the average for this year falling anywhere between 140 – 150 guests!
Month to Marry: At Least there’s Only 12 Choices!
It looks June and September are the most popular months to marry; while January and February will round out the bottom two!
photo courtesy of theweddingreport.com
Stay tuned for Part 2…