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Sep 15, 2023 · The wedding industry registered a revenue of $72 billion dollars in 2016 (Market Research) In 2020, due to the COVID 19 pandemic, the wedding industry measured a revenue of $55.1 billion dollars ; 2019 registered a total number of 2,126,126 weddings, which means an average of 5,825 marriage ceremonies took place each day (Wedding Report)
In 2019, the average cost of a wedding in the United States, not including the honeymoon, was $25,000 – an overall decrease compared to studies done in previous years. According to researchers, this dip in cost is likely due to a decrease in formal or black tie weddings, and an increase in "nontraditional locations". [5]
Feb 13, 2020 · Here's how much Americans are spending on their big day and expert advice on how to decide which wedding expenses are worth splurging on.
Average wedding cost 2019: $28,000 With the exception of a COVID-related dip in 2020, the average cost of a wedding consistently hovered around $28,000 from 2017 to 2022. In 2016, the average spend on weddings was $29,000, also a time of economic uneasiness and recession.
Mar 14, 2023 · Yes, the United States spends more money on weddings than any other country in the world. In 2019, the average American wedding cost over $29,000. The second-biggest wedding spender, Spain, only spent an average of $23,400. Conclusion. Many people dedicate a healthy amount of their daydreams to wondering what their wedding will be like.
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Dec 20, 2023 · Statistics on the total number and rates of marriages in the United States at the national and state levels is compiled by the National Center for Health Statistics (NCHS) in the National Vital Statistics Reports, formerly the Monthly Vital Statistics Report (MVSR).