Two years of pandemic uncertainty forced many couples to postpone or even cancel their nuptial celebrations. But weddings are coming back with gusto.
This year's wedding boom is projected to be big, according to a new report from wedding planning site The Knot. It anticipates as many as 2.6 million weddings to take place in 2022, up from 2.2 million in 2019, prior to the pandemic. The big events will also be much bigger — and likely more expensive amid record levels of consumer price inflation.
f Cosmetics and Dunkin' launch a makeup collection Couples want to go all out on their weddings and aren't too focused on reining in costs, Tim Chi, CEO of The Knot Worldwide, told CNNBusiness' Markets Now on Wednesday.On average, couples in 2021 spent a total of $34,000 on their wedding, including the ceremony, reception, engagement and wedding rings, The Knot report said.
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