Art & Soul...& Science
April 26, 2013 8:29 AM
Prom averages over $1000 for families
Posted by Staff
The Daily Mail reports:

American families will splash an average of $1,139 on their teenager's prom debut this year, according to new a new survey.

Visa Inc, which conducted the research, revealed that spendings on the annual high school tradition will top last year's budget by five per cent and 2011's by a staggering 41per cent.

Identifying possible reasons for the rising costs, Marshal Cohen, an analyst at market research firm NPD Group, said: 'Dresses are more elaborate . . . They are now buying two pairs of shoes, one to go to prom and one to dance in.'
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