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Viewing by month: August 2009
This week we cover;
- Final wedding numbers in for 2008
- Review
- Top 5 states with increase
- Top 5 states with decreases
- Monthly Indicators
- Bridal bouquet
- Wedding invitations
- Wedding cake
- Wedding Location - Same location vs. different
- Same location
- Location
- Rentals (tent, table, chairs, etc.)
- Food service
- Bar service
- All inclusive (location, rentals, food, bar)
- Different locations
- Ceremony location
- Reception location
- Reception rentals (tent, table, chairs, etc.)
- Reception food service
- Reception bar service
- Reception all inclusive (location, rentals, food, bar)
http://bit.ly/zE701
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Spending for Bridal Bouquet
| Year |
Avg Spent |
| 2008 |
$154 |
| 2009/Q1 |
$145 |
| 2009/Q2 |
$136 |
![CHART IMAGE [Spending for Bridal Bouquet]](http://www.theweddingreport.com/images/stow_08162009.gif)
Source/s: Proprietary surveys
News and Other Items
Vendor Reported Trends Q2 2009 http://bit.ly/BMCJN
The Wedding Index has been update to show Q2 2009 industry changes http://bit.ly/zk20V
Thoughts on The Knot and Blue Nile Q2 earnings reports http://bit.ly/2MlBf4
New Fact: Spending and demand for new health and beauty items tracked in Q2 2009 http://bit.ly/3udNC
New Fact: Item cost data at U.S. level for 2005, 2006, 2007 - http://bit.ly/13fOaL
Cost of Wedding now has Marriage License information. Even better, you can add it to your website along with average cost and the cost tables of items in a category. Visit costofwedding.com, enter your business zip code, click “the add this content to your website”, and follow the instructions. http://bit.ly/1tmp4T
Stat of The Week
Spending for Bride Shoes
| Year |
Avg Spent |
| 2008 |
$94 |
| 2009/Q1 |
$91 |
| 2009/Q2 |
$83 |
![CHART IMAGE [Spending for Bride Shoes]](http://www.theweddingreport.com/images/stow_08092009.gif)
Source/s: Proprietary surveys
August 9, 2009 - Briefing
This week we cover;
- State of the Industry survey results
- Current sales index
- Average amount spent index
- Couples getting married index
- Sales expectations next 6 months index
- Top vendor reported trends
- Monthly indicators
- Wedding dress spending – 06/09 to 07/09
- Engagement ring spending – 06/09 to 07/09
- Number of guests – 06/09 to 07/09
- Destination weddings – 06/09 to 07/09
- Recap
Click here to view the current Briefing: http://bit.ly/bEffs
(Platinum Only)
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The earnings reports show the industry is still down yet showing signs of improvement. The Knot reported slight growth mostly due to online ad sales increases and the acquisition of a wedding supplies company. Blue Nile had a 5.2% drop in sales for Q2, which is better than the previous quarter. The company is benefiting from the closer and bankruptcy of other traditional jewelers. Sales expectation are flat or small losses for Q3 09.
I believe we are seeing the bottom of the big declines. We will likely see ups and downs for the next year or so before we start to see growth in spending. Unemployment has to improve before we begin the transition upward.
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