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Report: Same-sex weddings boost state economies $3.8 B since marriage equality ruling
2020-05-29
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This article shared 2646 times since Fri May 29, 2020
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More than half of all married same-sex couples in the United States married after the U.S. Supreme Court's decision in Obergefell v. Hodges, which extended marriage equality nationwide in June 2015. Wedding spending by these 293,000 couples and their out-of-state guests has boosted state and local economies by an estimated $3.8 billion, according to a new analysis by the Williams Institute at UCLA School of Law.
Same-sex wedding spending also generated an estimated $244 million in state and local sales tax revenue and supported an estimated 45,000 jobs for one full year.
"Marriage equality has changed the lives of same-sex couples and their families," said lead author Christy Mallory, the state and local policy director at the Williams Institute. "It has also provided a sizeable benefit to business and state and local governments."
KEY FINDINGS
-There are an estimated 513,000 same-sex couples in the U.S.
-22% of married same-sex couples are raising children
-293,000 same-sex couples have married since the Obergefell v. Hodgesdecision in June 2015, spending a total of $3.2 billion on their weddings.
-Wedding guests from out of state have generated an additional $543.8 million in spending.
-Same-sex couples' weddings generated an estimated $244.1 million in state and local taxes.
-Approximately 45,000 jobs were supported for a full year by same-sex couples' weddings in the past five years.
Read the brief: williamsinstitute.law.ucla.edu/publications/econ-impact-obergefell-5-years/ .
The Williams Institute at UCLA School of Law, a think tank on sexual orientation and gender identity law and public policy, is dedicated to conducting rigorous, independent research with real-world relevance.
—From a press release |
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This article shared 2646 times since Fri May 29, 2020
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