New Wedding Industry Statistics from The Knot
August 18, 2018. Today is the most popular wedding day of the year, according to data released by the Knot. Almost 30,000 couples are set to marry, with associated guests spending an estimated $1 billion on gifts and attire for the happy events, the site says.
An average of 136 guests per wedding will attend this weekend’s celebrations. Each of those estimated 3.9 million guests will, on average, spend $261 on the event, including the gift, attire, and accessories, adding up to a $1 billion weekend—and that’s without travel costs. In general, guests who travel spend an average of $901 for the event total, including costs for accommodations, travel, gifts, attire, and accessories; members of the wedding party spend $928.
Source: Bloomberg News
Wedding Industry Statistics consolidates news and information about the wedding industry in the United States and internationally. With the average cost of a wedding in the United States now over $30,000, the wedding industry continues its healthy contribution to the national economy. Follow us at Facebook.