|Survey Results of Brides Married in 2012 Reveal Budgets Increasing
March 07, 2013
Sarasota, FL - TheKnot.com and WeddingChannel.com have released results of their annual Real Weddings Study that surveyed over 17,500 U.S. brides married in 2012. Members of WEVA will find the results reveal detailed information on fees brides paid for individual wedding services, including wedding videography, as well as regional differences in wedding budgets overall, and more.
Following 2011's trend of growing budgets, for the second year in a row since the economic downturn, the survey revealed the average wedding budget has grown, hitting $28,427 for 2012, the highest level since 2008.
Fewer brides (26%) say the economy affected their wedding expenditures – a statistic that has continually decreased - from 29% in 2011, 31% in 2010 and 34% in 2009. The survey showed about 1 in 8 brides (13%) are spending more than $40,000 on their nuptials, and nearly 1 in 4 (23%) didn't even have a budget. Wedding standards also continue to rise, as the average wedding expenditure per guest increased to $204, as compared to $196 in 2011 and even $194 in 2009.
The survey showed New York City (Manhattan) brides as having the highest average wedding budget ($76,687), and Alaska brides as having the lowest average wedding budget ($15,504), excluding honeymoon expenses. To see more survey results and a full report on the 2012 Real Weddings Study, including new bridal industry trends click here.
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