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.
I have heard about marrying for love or marrying for money but marrying for the economy? This takes the cake.
Keynesian codswallop. It’s not spending that’s good for the economy, it’s production and savings. Of course, they can also be tied to matrimonial state, just less directly.