Reuters - Video


Personal Finance

Brides say "I do" to frugal weddings

Friday, Dec 10, 2010 - 01:56

Dec 10 - Consumer confidence may be on the rise in the U.S., but a high jobless rate has brides cutting costs for their wedding celebrations. Jeanne Yurman reports.

▲ Hide Transcript

View Transcript

Putting has always been pricing and -- given the high jobless rate heading to the -- isn't much bigger challenge. I haven't moved -- and so we need. He's here for an Iraq that raised the money for him. The recession has taken a bit of shying from the 74 billion dollar wedding industry. The average cost of a traditional wedding dropping 3% after the financial crisis to slightly over 20000. One place -- have been cut is the down but it crime filled the biggest designer bridal store in the country owner Ronnie rusting says there has been one change. There was a shrinkage in terms of being the advanced time that a group and -- seems to be always that go -- pricier and events and what. But we have seen it over the last four years get even for us. I'd say that the average is about six months. And now the wedding cake is that dessert. Not an afterthought or an add on so Sylvia Weinstock who is designed cakes for celebrities and political figures for the last thirty years. Marketplace is changing economy changed. So that people now are doing summer wedding it's nice ostentatious. The top three things couples have cut back on most. Rehearsal dinners favors and catering. That's followed by bands event planners and photographers. That was my wedding years ago. If -- the -- one today the data shows that I would likely have to scale back the guest list is in my modest venue and less fancy transportation. The good news is Americans are -- to weddings. Even with the tough economy industry experts expect 2010 spending figures to look about the same as 2009. -- -- --

Brides say "I do" to frugal weddings

Friday, Dec 10, 2010 - 01:56

Top News »

The Exchange »

Moving Pictures »