But the Commerce Department now says the recession was even worse than it thought. And the recovery has been slower than expected. Some economists are warning of the possibility of another recession, a double dip.
FAITH LAPIDUS: Researchers say the Great Recession played a big part in pushing cohabitation rates higher. Now, almost one in ten opposite-sex couples in the United States live together outside marriage.
Increasingly a major difference between couples who get married and couples who do not is money.
Charlie Pinto married his girlfriend in New Jersey earlier this year. Both of them are twenty-six. They met in college, dated for a while, then moved in together. Charlie admits the only way they could pay for the wedding they wanted was with help from their parents.
CHARLIE PINTO: "We wouldn’t have been able to have a wedding if it wasn’t for our families because we just don’t have the money to spend.”
Charlie works for a start-up Internet company. His wife, Tracey, is a special education teacher.
Charlie says the wedding cost more than twenty-five thousand dollars. That is typical. A popular wedding website took a survey of American couples. Theknot.com found that in two thousand nine, the average couple spent almost twenty-seven thousand dollars on their wedding.
For some couples, that price may be out of reach.
Yet no one has to spend that much. A judge or court clerk can perform a marriage ceremony for as little as twenty-five dollars in some states.
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2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25