Engagements in America

"Instead of 2.8M engagements this year, we're expecting 2.4M."

Signet Jewelers CEO Gina Drosos tells @SaraEisen, @carlquintanilla and @davidfaber that $SIG expects the lull in engagements to pass by the end of 2023. pic.twitter.com/LPhpEcUy6v

— Squawk on the Street (@SquawkStreet) June 8, 2023

Things I learned from this:

• The typical couple takes 3.25 years to go from meeting to engagement
• The industry is in a lull, caused by the pandemic: just 2.4m couples are expected to get engaged this year (vs. 2.8m last year)

Thinking back, I began dating my wife 3 years and 1 month before we got engaged.

2023-06-08