In an article by Jane Zhang in the Wall Street Journal, she stated that as the economy shinks, so do wedding budgets. The article may be meant for the US market, the issue is also very much true here in the Philippines and in Asia.
With the uncertainties in the economy, couples are starting to trim down the budget. This includes reducing the number of guests, doing away with expensive favors, among others. This is reflected to the research conducted by Wedding Report Inc.

The average cost of a wedding in …