The Knot has released its much anticipated wedding report, which surveyed nearly 18,000 couples who were wed in 2011. And the news is good for suppliers to the weddings industry.
"For the first time since 2008, wedding budgets are on the rise," says Carley Roney, cofounder of The Knot. "In 2011, one in five couples spent more than $30,000 and 11 percent spent more than $40,000 on their wedding. Our research shows that couples and their families are less concerned with the economy and are increasingly comfortable investing more in the once-in-a-lifetime occasion of their wedding."
Highlights of the report include:
Average wedding budget : $27,021
Average spent on a wedding dress: $1,121
Average marrying age: Bride, 29; groom, 30
Average number of guests: 141
Average number of bridesmaids, groomsmen: 4-5
Most popular month to get married: September
Most popular wedding colors: blue (30 percent), purple (25 percent) green (24 percent)
Percentage of destination weddings: 24 percent
A look at an average wedding budget in 2011 by category