Gay weddings could add $2.6B to U.S. economy in three years

LOS ANGELES, California -- Gay weddings could spark a $2.6 billion boost to the U.S. economy in just the first three years, according to new research.
?Same-sex couples and their out-of-town guests spend money to celebrate weddings,? said M.V. Lee Badgett, a Williams Distinguished Scholar. ?As we have seen in states that already extend marriage to same-sex couples, this spending boost can lead to an influx of tourism dollars that benefit local businesses and an increase in state and local tax revenue.?



The resource estimates that the nationwide economic boost from marriage of same-sex couples could be up to $2.6 billion in just the first three years.


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