Wedding Industry Trends: Average Cost of Wedding Increased 22.9% in 2010!

Time to spread some good news for the wedding industry…

Wedding budgets are increasing again!

The newest statistics from WE tv Networks Wedding Report reveal that the average wedding expense in the US went up by 22.9% in 2010, bringing the average cost of a wedding from $19,581 in 2009 to $24,066 in 2010.

Check out this eWedNews article for more details about how this data is collected and where it comes from.  New Wedding Report Survey Shows Wedding Spending Rises Significantly in 2010

This new report also highlights which vendor categories are seeing demand increase and which are seeing a decrease.  You can get your copy here to read the details: US Wedding Cost 2010

What do you think about this spending increase?  How will it affect wedding businesses in 2011?

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