Monday, July 1, 2013

Wedding Spending Suggests Consumer Confidence

From Bloomberg:

Spending on the average wedding in the U.S. climbed 5.2 percent to $28,427 in 2012 from a year earlier, according to XO Group Inc. (XOXO), a New York-based company whose websites include theknot.com and WeddingChannel.com.

“People do feel more comfortable spending their money than they used to,” said O’Shaughnessy, a 29-year-old partner at Bellafare LLC, an event and wedding-planning company in New York. “We’re busier, the stuff we’re getting is much more grand, and we’ve had to hire more people to help us out with everything.”

Read more here.

MR

http://lawprofessors.typepad.com/family_law/2013/07/wedding-spending-suggests-consumer-confidence.html

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Comments

Interesting thoughts. Thanks for sharing.

Arlington Heights Attorney

Posted by: Robert | Jul 2, 2013 7:40:36 AM

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