What Wedding Guests Will Spend in 2012
Are you one of the 61 million Americans attending at least one wedding this year (besides your own)? New research from American Express reveals that wedding guests expect to pay $339 in general and $377 if they’re in the bridal party (down from $490 and $539 in 2011, respectively). This includes not just the gift, but also travel arrangements, clothing, pre-wedding celebrations and childcare.
"Saying 'I do,' isn’t just an investment for those getting married, guests have to consider their costs as well," said Claire Bennett, the EVP of Loyalty & Membership Benefits at American Express. "From the suit to the suite to the sitter, the expenses for attending a wedding add up and we’re seeing consumers cutting back a bit this year to manage the cost."
In addition to the national average, the survey of 1,500 participants determined how guests decide what amount to give as a wedding gift. Almost half of respondents said that their relationship to the couple was the most important factor: On average, they spent $166 on relatives, $105 for close friends and $56 for coworkers.
- Read more about What Wedding Guests Will Spend in 2012
- ssainato's blog
- Log in or register to post comments