More wedding, baby shower hosts say "no gifts, please"

In an uncertain economy, more brides and grooms and parents-to-be are absolving their guests of buying gifts. 

Americans are aware of the duress high inflation and mounting job losses is creating for some — so when hosts say their friends' presence is enough, it's likely they actually mean it.

"More hosts are recognizing the financial strain that their attendees might be under and they're saying, just because I want this $1,000 stroller for my new baby, doesn't necessary mean that my friends want to pitch in for it," Wall Street Journal consumer trend reporter Rachel Wolfe told CBS News. "So hosts are trying to be a little bit more cognizant of giving people more options."