Economy Would Benefit If Marriage Rates Increased

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    Married Americans spend more than those in any other marital status category, across age groups. Americans who have never married spend significantly less, particularly for those younger than 50, suggesting that if the marriage rate increases, overall spending in the U.S. may increase and benefit the U.S. economy.

    Married Americans report a daily spending average of $102, followed by $98 among those who are living in domestic partnerships, $74 by divorced Americans, $67 by those who are single and never married, and $62 by those who are widowed. As shown in the accompanying graph, across all age groups, those who are married spend more than those of other marital statuses.

    Gallup asks Americans to report how much money they spent the prior day, excluding payments for normal household bills and major purchases such as homes or cars. The figure gives an estimate of discretionary spending. The current analysis is based on January through September 2013 Gallup Daily tracking interviews with more than 130,000 U.S. adults.

    Married Americans spend more than the average American in part because they have higher-than-average incomes. Single Americans spend less, at least in part because they have lower-than-average incomes. Those in domestic partnerships spend almost as much as those who are married, but have lower average incomes, similar to single Americans’ incomes, suggesting that domestic partners in some sense overspend what would be predicted from their incomes alone.

    Take a look :

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    Read: Woman Pastor Resigns After Marrying A Woman and  Middle Aged Money Mistakes

    Note: The current analysis is based on January through September 2013 Gallup Daily tracking interviews with more than 130,000 U.S. adults.

    [Source: Gallup]

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