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Are Weddings Recession Proof?

Weddings May Be Recession Proof, But Budgets Are Not

In the midst of Wedding Planning Mania here on the Sugar Network, findings of a survey were released regarding the relationship — or lack thereof — between weddings and the economy. Eighty-eight percent of caterers and event planners surveyed by the National Association of Catering Executives haven't seen cancelations due to the struggling economy. A little less than half of those surveyed reported seeing a decline in wedding spending, and more than half said more couples are avoiding the Saturday premiums and opting to get married on Friday or Sunday.

It's not surprising to me that a couple wouldn't cancel their wedding because of a weak economy — there are plenty of inexpensive options that still end in marriage. And couple going forward with pricier plans may just figure that since many vendors prices are pretty much set in stone, they'll either have to pay the price now or later. As long as they're not burying themselves in debt and have enough cash in case of a non-wedding-related emergency, now seems just as good as later.

To see all of our wedding season coverage, check out IDoSugar.

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Join The Conversation
KDwxgirl KDwxgirl 9 years
We're getting married in 6 weeks and we locked in our vendor prices over a year ago. That is some key advice for brides-to-be -- lock in those prices! You never know how bad the economy will get. We walked out of one banquet hall because they refuse to lock in rates, just said prices would "go up no more than 10%". Well that's an easy extra $1000.
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