Adapt Or Die Wedding Edition

Thanks to COVID engagements are way up, but wedding ceremonies are way down. This has put in limbo much of the wedding industry which according IBISworld is a $73 billion market (Washington Post)

In 2019, the average wedding cost nearly $25,000, with most going toward the reception.  Without a reception this is forcing retailers and vendors to adapt.  So where is the money going?

As a result, couples are redirecting their wedding dollars — splurging on engagement rings, individually packed charcuterie plates and macarons, and moving away from multicourse dinners, traditional venues and tiered cakes. In states such as Colorado, where pandemic prohibitions include dance floors, couples are shunning live bands and DJs and turning to bingo and trivia games to keep guests entertained.