It’s February which means love is in the air! How much love exactly? Well, four million couples are expected to announce their engagements this February 14th.
In fact, this year will be a busy one for cupid and wedding photographers with an additional 14 million couples expecting to be engaged at some point in 2012.
“Whether people are planning to get engaged, or just celebrate the holiday with flowers and a night out, consumers are telling us they can open their wallets a little wider for Valentine’s day,” said Sonali Chakravorti, Vice President at American Express. “We’ve seen a consistent trend of consumers saying they will spend more, from holiday shopping to 2012 travel plans, and spending plans for February 14 are no exception.”