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Marriage Rate Increases in a Recession |
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Wednesday, 30 July 2008 |
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Data from the Office for National Statistics reveals that the national marriage rate historically increases significantly around periods of recession; it is thought that couples seek increased social security during times of financial uncertainty. The biggest surge in the marriage rate during the last century came in 1940 and was triggered by the start of the WWII and the Great Depression – the most serious global recession encountered in the modern world.
In 1940 there were 470,549 marriages recorded, whereas the modern annual marriage rate is almost half this figure. The figures show us that each and every recession brings with it a simultaneous increase in the marriage rate, so there is no reason why 2009 should buck the trend.
It is thought that the credit crunch is responsible for increased numbers of couples planning to tie the knot this year; the onset of recession has sparked a trend of individuals staying home rather than going out in the evenings. Consequently, couples are spending more time together and relationships are developing more quickly, accelerating to the point of engagement.
Everything you need for planning your wedding can be found on www.vizzitnewforest.com or by telephoning Vizzit Media on 01590 682161
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