Collected Item: “Have a Wedding Budget? Expect to Spend More Because of Inflation”
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Have a Wedding Budget? Expect to Spend More Because of Inflation
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Text story
Tell us a story; share your experience. Describe what the object or story you've uploaded says about the pandemic, and/or why what you've submitted is important to you.
This story from the New York Times by Danielle Braff talks about the rising costs of weddings as a result from COVID. Couples mentioned in this story go on about how just the basics are more expensive than they used to be. Ms. Alvear-Beceiro and Mr. Klebba, despite not spending extra on things like food, decorations, and music, had a wedding budget that topped $30,000. Zola, a wedding planning site, said that a third of the 468 participating vendors had losses of $50,000 or more due to couples postponing weddings in 2020. Supply chain shortages later on have also helped increase the overall costs, and many businesses are still trying to operate to pre-pandemic levels. Due to rising costs, some couples are choosing to scale back the festivities. Shannon Bernadin, after looking at the costs of wedding venues with her husband, decided to have a wedding at a friend's house and use thrifted outfits, along with homemade decor. All in all, this article demonstrates the changing economy and how that has impacted the wedding industry and how people plan weddings.
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wedding, economy, supply chain, vendor, inflation, scaled back, business
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https://www.nytimes.com/2022/03/30/style/wedding-budget-inflation.html
Who originally created this object? (If you created this object, such as photo, then put "self" here.)
Danielle Braff
Give this story a date.
2022-03-30