Nuptial Deals

| Print |  Email
Articles - July/August 2014
Friday, July 11, 2014

BY KIM MOORE

The wedding business is a $165 billion industry, with more than 2.4 million weddings every year in the U.S., according to the Association of Bridal Consultants. The average cost of a wedding in Oregon was $25,597 in 2012, per The Wedding Report. Summer remains the most popular time for nuptials, with 35% of couples tying the knot during the sunshine-filled months in 2013, according to TheKnot.com. Couples are spending more on their big day as the economy improves. Wedding budgets have increased steadily since the economic downturn of 2008. Couples spent a record high national average of $29,858 in 2013, a 5% increase compared with the 2012 national average, according to TheKnot.com.

Despite couples spending more money to tie the knot, the number of marriages in Oregon is on the decline. It reached a six-year low in 2013, according to preliminary figures from the Oregon Health Authority. The recent lifting of a ban on same-sex marriage in Oregon is a boon for wedding businesses and will likely boost the state’s marriage rate. Same-sex weddings could potentially add $47.3 million to Oregon’s economy in the three years following the lifting of the ban, with $30.3 million spent in the first year alone, according to The Williams Institute. The think tank, part of the University of California School of Law, estimated the economic boost of same-sex marriage in Oregon in April this year before the ban was lifted on May 19, 2014. Direct spending by resident same-sex couples on their weddings would add $37.7 million to the state and local economy in the first three years following the nixing of the ban.

BTN-0714-web

 

 

More Articles

Intrepid reporter checks out ZoomCare rebrand

The Latest
Wednesday, May 27, 2015
dentistthumbPHOTOS BY JASON E. KAPLAN

Like all good journalists, OB editorial staff typically eschew freebies. But health care costs being what they are, digital news editor Jacob Palmer couldn't resist ZoomCare's offer of a three-in-one (cleaning, exam, whitening) dental office visit, guaranteed to take no more than 57 minutes. 


Read more...

Queen of Resilience

June 2015
Friday, May 22, 2015
BY AMY MILSHTEIN

Astrid Scholz scales up sustainability.


Read more...

The ancient fish that stops bullets

The Latest
Friday, May 08, 2015
hagfishthumbBY CHRIS NOBLE | PHOTOS BY JASON E. KAPLAN

Hagfish may not have evolved much over the last 300 million years, but their protein-heavy slime promises advances in super-materials.


Read more...

Biker dreams

The Latest
Friday, May 15, 2015
bike at ater wynn-thumbBY KIM MOORE | RESEARCH EDITOR

The Portland Bureau of Transportation is seeking input from businesses on a $5.5 million initiative to create a network of biking, transit and pedestrian trails within Portland’s central city.


Read more...

The Green Paradox

June 2015
Friday, May 22, 2015
BY EMILY LIEDEL

Inside the topsy-turvy world of corporate sustainability rankings.


Read more...

Fixing Oregon’s broken roads

The Latest
Tuesday, June 09, 2015
RUCCostComparison rev4-30BY KIM MOORE | RESEARCH EDITOR

The technology at the center of Oregon’s road usage fee reform.


Read more...

5 stats about Oregon fireworks

The Latest
Thursday, June 18, 2015
fireworksthumb001BY JACOB PALMER | DIGITAL NEWS EDITOR

Fireworks are a booming industry, even if the pyrotechnics have turned July 4th into a day fire marshals, and many residents, love to hate.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS