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Funeral Costs On The Rise

By KFBB News Team

Story Created: Jul 13, 2010 at 9:25 PM MST

Story Updated: Jul 13, 2010 at 9:25 PM MST

It's an expense that's often times unplanned.
But even with the economy slowly bouncing back, the impact of funeral costs is hard hitting for families as well as funeral homes.
With clients spending less money on more extravagant services, and funeral homes raising prices to keep up with the times...the result is a lack in consistent business and financial security.
Initial reports of business troubles for funeral homes began in 2004...and now six years later, some service providers are still reporting a decrease in business and client spending by as much as 15%.
But it's not just the funeral homes that are being hit hard.
In fact, even floral shops are seeing a decrease in funeral flower arrangements; something perceived as another sign of changing economic times.
Regardless of how services or prices change, one misconception of the business is the idea that someone is trying to exploit death, tragic situations, or emotional responses.
In fact, for the number of hours put into their work, most funeral home directors could make better money doing something else.

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