Wedding spending reached all-time high last year
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- Published on 06 April 2016
- Written by PRNewswire
The Knot, the #1 wedding brand and marketplace, today released the results of The Knot 2015 Real Weddings Study. The ninth annual comprehensive report, the largest of its kind, surveyed nearly 18,000 U.S. brides and grooms married in 2015 to uncover the financial spending habits and trends of real weddings in America. This study includes national and local statistics including the average cost of a wedding, who pays, how couples budget and plan for their big day, the average number of wedding guests and other key statistics related to weddings in America.
Weddings continue to be one of the most important and most expensive events in couples' lives. The average wedding cost has increased by more than $5,500 in the past five years with couples spending $32,641 in 2015. This year, the total wedding cost is being driven up by specific categories: reception venue (+$1,950), ceremony site (+$652) and reception band (+$545) saw the largest cost increases (compared to 2009). Couples are using their mobile devices more than ever to plan and search for wedding professionals who help create a personalized and unforgettable wedding. One of the biggest revelations from the study is that 89% of couples report using their smartphone to help plan their wedding, while comScore reports the US percentage for those that go online via a mobile device is actually lower at 73%.
"As the cost of weddings continues to rise to an all-time high, couples are looking on their mobile device for personalized planning solutions like The Knot Concierge to help them find the vendor within their budget who will create their perfect wedding," said Mike Steib, CEO of XO Group, parent company of The Knot. "The Knot Concierge is a first-of-its-kind personal service that combines our data, technology, and a real wedding expert from The Knot—with whom couples can communicate directly—for spot-on recommendations and advice in advance of making high-consideration purchases." (The Knot announced this service on March 24, 2016; click here to read more.)
Top 2015 Wedding Statistics
- Average Wedding Cost (excludes honeymoon): $32,641 (up from $31,213 in 2014)
- Most Expensive Place to Get Married: Manhattan, $82,299 average spend
- Least Expensive Place to Get Married: Alaska, $17,361 average spend
- Average Spent on a Wedding Dress: $1,469
- Average Marrying Age: Bride, 29; Groom, 31
- Average Number of Guests: 139
- Average Number of Bridesmaids: 5
- Average Number of Groomsmen: 5
- Most Popular Month to Get Engaged: December (16%)
- Average Length of Engagement: 14.5 months
- Most Popular Month to Get Married: October (17%) and September (15%)
- Popular Wedding Colors: Ivory/White (47%), Blue (39%), Pink (30%), Metallics (34%), Purple (21%)
- The popularity of metallic gold has more than tripled from 7% in 2012 to 22% in 2015
- Percentage of Destination Weddings: 21% (down from 24% in 2014)
Top 2015 Study Findings
MOBILE WEDDING PLANNING: Couples are using smartphones more than ever to plan their wedding and they expect personalized solutions. In 2015, the use of smartphones for wedding planning activities, be it researching and contacting wedding vendors, or creating and managing a wedding registry or personal wedding website, was 89%. In fact, 77% of couples accessed TheKnot.com from their smartphones. Couples expect personalized solutions much like The Knot Concierge, which combines high-tech with real local wedding experts to provide spot-on venue recommendations, and guides them through high-consideration purchases for a wedding. More than half of all brides (58%) browse wedding gowns on their mobile devices—and just as many couples look up and manage their vendor information. In addition to finding wedding inspiration and vendors, 16% of couples are also leveraging useful tools such as online RSVP services on their mobile devices, up from 7% in 2014.
THEMED WEDDINGS AND ETHNIC ELEMENTS CREATE A MEANINGFUL WEDDING EXPERIENCE: Couples are showing their unique style and paying homage to their heritage by incorporating diverse events into their wedding celebration. Ethnic, religious and local elements—ranging from bilingual music and Celtic hand tying, to Chinese tea ceremonies and jumping the broom—continue to be a strong part of wedding celebrations, with 19% of couples incorporating an ethnic or religious element into their wedding day. Some couples even embrace and include traditions outside of their own backgrounds. Themed weddings are also popular among couples, with 22% having a theme that reflects their personalities. Up from 29% in 2009, 40% of couples had a family member or friend officiate their ceremony, adding a deeply personal touch to a very meaningful wedding element.
COUPLES ARE SPENDING MORE ON THE GUEST EXPERIENCE AND ADDING PERSONAL TOUCHES: Guest spend goes up, but the number of guests are down. The average number of wedding guests in 2015 was 139, down from 149 in 2009, and the cost per wedding guest is up to $237, up from $194 in 2009. Spending is also on the rise when it comes to all reception categories, including catering costs, cake, music, flowers, photography, entertainment and more in 2015. Since 2009, custom guest entertainment that reflects couples' personalities has more than tripled, from 11% to 36%, including cigar rolling stations, wine and liquor tastings, and live dance performers. Couples offering signature cocktails have nearly doubled at 22%, up from 12% in 2008.
COUPLES WED FAR FROM HOME: Fewer couples are having "destination weddings," but more couples are hosting their wedding far from their home city. In 2015, 49% of couples were married 200 miles or more from where they lived at the time they were married, up from 21% in 2014. And for the 21% of couples who consider their wedding a "destination wedding," (down from 24% in 2014) nearly 1 in 5 of them host a second party when they return home to accommodate friends and family who were unable to travel to their wedding destination. There are more than 350,000 destination weddings each year, 77% of which take place in the continental US and 23% at international destinations such as the Caribbean (32%) and Mexico (19%).
MORE COUPLES DEPEND ON PROFESSIONALS: Couples are spending on wedding professionals to help them plan a perfect day, and to ensure they have long-lasting memories. The study found that one in 3 couples are hiring professional videographers to capture their ceremony and reception, and nearly 9 out of 10 couples hire a professional photographer. Wedding planners are also becoming an integral part of the wedding planning process, with 26% of couples hiring a planning professional in 2015 (up from 19% in 2010). Professional DJs are also on the rise with 66% of couples hiring one (up from 61% in 2010).
SEASONAL SHIFTS: Summer is slowly making its way out of style as the signature wedding season.Summer has long been defined as wedding season. However, fall weddings are picking up steam and are well on their way to being the newly crowned king season for weddings. In 2015, only 33% of couples opted for summer nuptials, down from 39% in 2014. Fall has been making headway, with 39% of couples choosing to say "I do" in September (15%), October (17%) and November (7%), up from 31% in 2014.
MODERN DAY WEDDINGS COST A PRETTY PENNY: Tradition lives on, with parents paying for a large portion of wedding costs, but today's couples are happy to contribute. On average, the bride's parents contribute 44% of the overall wedding budget, the bride and groom contribute 43%, and the groom's parents contribute 12% (others account for the remaining 1%). In 2015, 12% of couples paid for the wedding entirely by themselves, and 9% of couples don't contribute any finances to the wedding budget.
In nearly half of all weddings, the bride pays for professional hair and makeup. Forty-four percent of brides, along with her parents, contribute to the costs for professional hair-styling, and 41% contribute to professional make-up for their bridesmaids. The average cost of professional bridal party hair and makeup services are $70and $68 per person, respectively.
Top 25 Most Expensive Places to Get Married
Based on average cost of a wedding in 2015, couples spend the most on their weddings in the following areas in the US. Four of the five most expensive areas to get married are in the New York/Tri-State area.
- New York – Manhattan: $82,299
- Illinois – Chicago: $61,265
- New York – Westchester/Hudson Valley: $57,501
- New York - Long Island: $56,950
- New Jersey - North/Central: $55,389
- Massachusetts – Cape Cod: $54,334
- Rhode Island: $50,266
- New York – Outer Boroughs: $46,682
- California – Palm Springs: $44,646
- Louisiana – New Orleans: $44,178
- New Jersey – South: $43,223
- Pennsylvania – Philadelphia: $42,429
- Connecticut: $41,692
- Florida – Southern: $39,768
- California – Los Angeles: $39,492
- California – San Francisco/Greater Bay Area: $39,250
- Texas – Houston/East TX: $39,189
- California – Santa Barbara/Ventura: $38,570
- Vermont: $37,880
- Massachusetts – Boston: $37,799
- DC – Washington DC/Northern VA/Suburban MD: $37,034
- Maryland – Baltimore: $36,934
- Michigan – Detroit: $36,619
- Hawaii: $36,424
- California – Orange County/Inland Empire: $34,012
Top 10 Most Affordable Places to Get Married
Based on average cost of a wedding in 2015, couples spend the least on their weddings in the following areas in the US.
- Alaska: $17,361
- South Dakota: $18,890
- Texas – West Texas: $19,261
- Arkansas: $19,856
- New Mexico: $20,114
- North Dakota: $20,211
- Idaho: $20,245
- Montana: $20,322
- Oregon: $20,456
- Illinois – Central: $21,818
2015 Average Wedding Budget Breakdown
Figures based on respondents who hired a professional vendor for the service. Data also available for local U.S. cities and states.
Category | 2015 National Average Spend | 2014 National Average Spend |
Overall Wedding (excluding honeymoon) | $32,641 ↑ | $31,213 |
Venue (reception hall) | $14,788 ↑ | $14,006 |
Photographer | $2,618 ↑ | $2,556 |
Wedding/Event Planner | $1,996 ↑ | $1,973 |
Reception Band | $3,833 ↑ | $3,587 |
Reception DJ | $1,171 ↑ | $1,124 |
Florist/Décor | $2,300 ↑ | $2,141 |
Videographer | $1,824 ↑ | $1,794 |
Wedding Dress | $1,469 ↑ | $1,357 |
Groom's Attire and Accessories | $269 ↑ | $254 |
Wedding Cake | $575 ↑ | $555 |
Ceremony Site | $2,089 ↑ | $1,901 |
Ceremony Musicians | $703 ↑ | $637 |
Invitations | $445 ↑ | $439 |
Transportation | $792 ↑ | $767 |
Favors | $267 ↓ | $275 |
Rehearsal Dinner | $1,296 ↑ | $1,206 |
Engagement Ring | $5,871 ↑ | $5,855 |
Catering (price per person) | $68 | $68 |
Officiant | $273 ↑ | $266 |
Regional Differences
The Knot 2015 Real Weddings Survey can be broken down on a region-by-region basis across more than 80 markets. Regional highlights include:
- Cost of Weddings: Manhattan and Chicago have the highest average wedding spend ($82,299 and$61,265, respectively), and Alaska and South Dakota have the lowest average wedding spend ($17,361and $18,890, respectively), excluding honeymoon.
- Marriage Age: New York City accounts for the country's oldest brides, with Manhattan brides being 32.8 years old on average, and brides from the cities Outer Boroughs being an average of 32.2 years old. Whereas South Dakota and Idaho have the youngest brides (26 and 26.1 years, respectively), on average. The country’s oldest grooms can be found in Manhattan (35.4 years old) and Nevada (33.8 years old), and the youngest grooms are in Idaho and South Dakota (27.9 and 28.3 years, respectively).
- Engagement Length: Couples from Toledo, Ohio, and Wyoming have the longest engagements (18.7 and 17.5 months, respectively), while couples in Utah and West Texas walk down the aisle a bit sooner after getting engaged (9.7 and 10.7 months, respectively), on average.
- Wedding Size: As in 2013 and 2014, Nebraska and Iowa couples have the largest number of wedding guests (219 and 211, respectively), and couples who tie the knot in Hawaii and Nevada still have the smallest number of wedding guests (71 and 74, respectively).
- Wedding Style: Montana and Alaska weddings are more likely to be casual than any other region in the US (54% and 41%, respectively), while Manhattan and Long Island have the most black tie weddings (38%, both).
- Wedding Dress Spend: As in 2014, brides in Manhattan and Long Island still spend the most on their wedding gowns ($2,710 and $2,239, respectively), while Montana and North Dakota brides spend the least ($967 and $990, respectively).
- Honeymoon: Couples from Rhode Island (87%), South New Jersey (86%), Utah (86%) and Kentucky (85%) are most likely to book a honeymoon, while couples in Montana (56%), Nevada (57%) and New Mexico (58%) are least likely to book a honeymoon.
- Gift Registry: Couples in Lansing, Michigan, and Vermont are most likely to register for wedding gifts (97% and 96%, respectively), while couples in Hawaii and Nevada are least likely to register (56% and 68%, respectively).
About The Knot 2015 Real Weddings Survey
The 2015 Real Weddings Survey captured responses from nearly 18,000 US brides married between January 1 and December 31, 2015. Respondents were recruited throughout the year from TheKnot.com membership, which represents nearly 80% of brides nationwide. Brides received survey invitations shortly after their wedding date and were asked a comprehensive series of questions about the event and their planning process. All qualified respondents attested that they were 18 or older and had a wedding in 2015.
Bradley unveils new logo
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- Published on 06 April 2016
- Written by The Peorian
Bradley University announced Wednesday that it is introducing a new university logo that reflects both the rich tradition of the institution and a modern expression of the university brand.
The previous university wordmark was implemented in the late 1990's. University staff worked to create the new logo system to unite the campus’ graphic identity.
“The new logo system is a positive step forward in cohesively branding Bradley. I am pleased and excited about the new look,” said Bradley President Gary Roberts.
The updated logo system will begin to appear across Bradley’s electronic presence immediately. Implementation of the logo system in print materials, signage, etc. will occur in various stages to incur minimal cost to the university.
While the new logo system includes a "B" shield similar to the Department of Athletics' mark, the shield in the university logo is smaller to maintain emphasis on the university's name. There is also a difference in the font used, the university said.
The most and least expensive ballparks are...
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- Published on 04 April 2016
- Written by The Peorian
Although some Major League Baseball stadiums cater to their fans with affordable tickets and food prices, others are notorious for some pretty steep charges.
Personal finance website GOBankingRates.com conducted a cost analysis of attending a game at all 30 MLB stadiums, comparing the price of four factors:
- Two tickets
- Two hot dogs
- Two beers
- Parking
While the average cost of spending a day enjoying America's pastime is $77.92, fans attending a game at Angel Stadium of Anaheim pay the cheapest per-game average cost ― $47.60 ― whereas Boston Red Sox fans pay the highest per-game average cost at Fenway Park ― $157.
To learn where your team ranks, see the full findings at: http://www.gobankingrates.com/personal-finance/ranked-most-least-expensive-stadiums-mlb-fans-watch-baseball-game/
"Seeing a baseball game in person is an experience well worth the price, especially for die-hard fans," said Elyssa Kirkham, lead reporter on the study for GOBankingRates. "But ticket prices keep rising each year ― up 3.3 percent in 2015 ― which might price some fans out of the ballparks. Some franchises definitely are cheaper for their fans, which makes it more affordable for people to enjoy a stadium game or even more than one in a season."
Additional Insights:
- The Great American Ballpark, where the Cincinnati Reds play, sells hot dogs for just $1.
- The price of a small beer at an MLB game ranges from $4 to $7.75.
- The difference between the most and least expensive admission ticket to a game is about $40.
- The three cheapest stadiums to catch a game are in the West ― Angel Stadium of Anaheim, Dodger Stadium and Chase Field, where the Arizona Diamondbacks play.
- The three most expensive stadiums to attend a game include Boston's Fenway Park ― home of the Red Sox ― Chicago's Wrigley Field ― home of the Cubs ― and New York's Yankee Stadium.
Methodology: GOBankingRates surveyed four costs of attending a baseball game at all 30 Major League Baseball stadiums: (1) ticket prices, calculated by averaging the cost-per-game for the five cheapest season ticket prices advertised on the baseball team's official MLB site; and (2) parking, (3) beer, and (4) hot dog prices, as reported in the April 2015 Team Marketing Report. To find the cost of attending a game, GOBankingRates assumed two guests and calculated the total cost of two tickets, two hot dogs, two beers, and one parking spot. Stadiums were ranked by this amount to find the least and most expensive stadiums for baseball fans attending a game.
Landmark study on the cost of cancer treatments released
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- Published on 05 April 2016
- Written by PRNewswire
A Milliman study released Tuesday shows that over the last decade the total costs of treating patients with cancer in the United States have risen no faster than overall costs for Medicare and commercially insured populations.
Contrary to a commonly held belief that cancer care costs have rapidly outpaced other health care spending trends, the study actually found that total costs of treating patients with cancer have increased at essentially the same rate as all health care spending since 2004.
Commissioned by the Community Oncology Alliance (COA) and conducted by researchers at the actuarial firm Milliman, the study took a retrospective look at claims data for the Medicare and commercially insured patient populations from 2004-2014. The report is being released today in conjunction with a briefing to U.S. congressional health care staff as well as a meeting with the Centers for Medicare & Medicaid Services (CMS).
The three key findings of the COA study are:
- The increases in costs from 2004 to 2014 were essentially the same in actively treated cancer patients and the non-cancer population.
- Drug spending, which made up one-fifth of the total costs in actively treated cancer patients in 2014, has increased at the highest rate of all component costs, fueled by new biologic cancer drugs.
- Cancer care has moved significantly into the more expensive hospital setting since 2004 and is an important component of the increase in the cost of care.
The study found that per patient costs for the total population, actively treated cancer population, and non-cancer population increased at very similar rates over the 11 year study period. In the Medicare population, the increases were 35.2% per patient per year for the total population, 36.4% for the actively treated cancer population, and 34.8% for the non-cancer population. For the commercially insured, the cost increases were 62.9% for the total population, 62.5% for the actively-treated cancer population, and 60.8% for the non-cancer population.
For this study, Milliman researchers defined "actively treated" cancer patients as those with one or more claims for chemotherapy, radiation therapy, or cancer surgery in a given year. "Non-actively treated" cancer patients included all members coded with a cancer diagnosis but not having one or more claims for chemotherapy, radiation therapy, or cancer surgery within the year. All members without a cancer diagnosis code were considered the non-cancer population. The total population contains all three of these groups.
"There has been a long-held belief in research and policy circles that cancer care costs in America have gone up disproportionately as compared to other health care costs. This study shows that this commonly held belief is not supported by the evidence," said Debra Patt, MD, MPH, MBA, practicing oncologist at Texas Oncology (Austin, TX), and COA board and study team member. "What these data actually show are that per capita oncology cost increases are proportional to total healthcare spending. It is evident that per capita spending in oncology is less when patients are treated in a physician office setting in comparison with the hospital outpatient department. I hope with the advent of new initiatives such as the Oncology Medical Home, pathway management, and other value-based care initiatives, we should see even more success in providing high value care for our patients."
As expected, when looking at a breakdown of specific elements of costs for treating cancer patients, the researchers found large increases in spending for cancer drugs. The portion of these costs associated with all chemotherapy (including biologic, cytotoxic, and other chemotherapy and cancer drugs) in the actively treated cancer population increased over the study period from 15% to 18% in the Medicare population and from 15% to 20% in the commercially insured population.
Practicing oncologists on the COA study team noted that a significant portion of the drug cost trends align with specific clinical advances in new biological therapies and breakthrough drugs.
"Patients' cost of cancer drugs remains a huge issue that drug manufacturers and the entire oncology community must immediately address. However, this study shows that drug prices are but one piece of a complex puzzle that adds up to the total cost of cancer care for patients and payers," said David Eagle, MD, a practicing oncologist at Lake Norman Oncology (Mooresville, NC), COA board and study team member. "If we are to make any meaningful progress in controlling spending on cancer care we need to take a much more holistic look at all of the cost drivers, including site of service differences."
The study also took an in-depth look at cost trends in the site of service for chemotherapy infusion. It found that the site of service for chemotherapy infusion in America has dramatically shifted away from the physician office to the generally higher-cost hospital outpatient settings. Milliman found that the proportion of chemotherapy infusions delivered in hospital outpatient departments nearly tripled, increasing from 15.8% to 45.9% in the Medicare population during the study period. For the commercially insured population the increase was much more dramatic, going from 5.8% to 45.9%. As of 2014, 340B hospitals accounted for 50.3% of all hospital outpatient chemotherapy infusions in the Medicare population.
The study confirmed that patients who had their chemotherapy delivered entirely in the hospital outpatient setting incurred a significantly higher cost than patients whose chemotherapy was delivered entirely in a physician office. For Medicare patients, the difference was $13,167 (37%) higher in 2004 and $16,208 (34%) higher in 2014; for commercially insured patients it was $19,475 (25%) higher in 2004, and $46,272 (42%) higher in 2014.
"We combined several perspectives and skill sets - actuarial, public health, and clinical - to conduct this real world data project," said Pamela Pelizzari, MPH, lead study researcher with Milliman. "As a result, I believe that this work will inform organizations across the spectrum of healthcare, from ACOs to insurers, from patient advocates to bioscience companies."
"It is critical that physicians, patients, payers, and policymakers have a clear and accurate understanding of the complex cost drivers behind this devastating disease," said Ted Okon, executive director, COA. "There is misguided policy coming out of Washington, like the proposed Medicare experiment on cancer care, that will just drive up cancer costs, not get them under control."
A full copy of the study, methodology, and detailed appendices is available on the COA website atwww.CommunityOncology.org/CostDrivers.
About Community Oncology Alliancea
The Community Oncology Alliance (COA) is a non-profit organization dedicated solely to preserving and protecting access to community cancer care, where almost 70 percent of Americans with cancer are treated. COA leads community cancer clinics in navigating an increasingly challenging environment to provide efficiencies, patient advocacy, and proactive solutions to Congress and policy makers. To learn more about COA visit www.CommunityOncology.org.
CDC: 1 in 68 school-age children have autism
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- Published on 04 April 2016
- Written by PRNewswire
An estimated 1 in 68 (14.6 per 1,000) school-aged children have been identified with autism spectrum disorder (ASD), according to a CDC report published recently in the Morbidity and Mortality Weekly Report (MMWR) Surveillance Summary.
This report shows essentially no change in ASD prevalence, the proportion of school aged-children with ASD, from the previous report released in 2014. However, it is too soon to know whether ASD prevalence inthe United Statesmight be starting to stabilize. CDC will continue tracking ASD prevalence to better understand changes over time.
The data come fromCDC's Autism and Developmental Disabilities Monitoring (ADDM) Network– a tracking system that provides estimates of the prevalence and characteristics of ASD among 8-year-old children in 11 communities inArizona,Arkansas,Colorado,Georgia,Maryland,Missouri,New Jersey,North Carolina, South Carolina,Utah, andWisconsin. The data in the latest report are for 2012 while the data in the previous 2014 report were from 2010.
Although the average ASD prevalence of the 11 ADDM Network sites combined did not change between 2010 and 2012, ASD prevalence still varied widely between the 11 communities. Differences were seen by geographic region and between sites with different access to data resources.
"What we know for sure is that there are many children living with autism who need services and support, now and as they grow into adolescence and adulthood," saidStuart K. Shapira, MD, PhD, chief medical officer for CDC's National Center on Birth Defects and Developmental Disabilities.
The new report also underscores where efforts and resources can be directed to better support children and families with ASD. Black and Hispanic children continue to be less likely to be identified with ASD than white children. In addition, black and Hispanic children receive developmental evaluations later than white children.
"Targeted strategies are needed to identify and address barriers in order to lower the age at which black and Hispanic children are evaluated, diagnosed, and connected to the services they need," saidDaisy Christensen, PhD, a CDC epidemiologist and lead author of the ADDM Network report.
The report also shows that, overall, less than half (43%) of children identified with ASD receive developmental evaluations by age 3. This suggests that many children may not be getting identified as early as they could be. Progress needs to be made to reach the Healthy People 2020 goal of increasing to 47% the proportion of children with ASD having a first evaluation by age 3.
"The most powerful tool we have right now to make a difference in the lives of children with ASD is early identification," said Dr. Shapira. "Parents, childcare professionals and doctors can monitor each child's development and act right away on any developmental concerns. It's important to remember that children can be connected to services even before an official diagnosis is made."
CDC's"Learn the Signs. Act Early."program provides parents, childcare professionals, and healthcare providers free resources, in English and Spanish, for monitoring children's development. The program offers parent-friendly, research-based milestone checklists for children as young as 2 months of age. The program also offers information about what to do if there is a developmental concern and whom to contact for assistance.
For more information about "Learn the Signs. Act Early." visitwww.cdc.gov/ActEarly. For more information about CDC's autism activities, visitwww.cdc.gov/Autism.