Extending marriage to same-sex couples in Missouri would generate an estimated $36.3 million in spending to the state’s economy and could generate as many as 900 new jobs over three years, according to a new study.
Researchers at the Williams Institute, an independent think tank at UCLA’s School of Law, estimates that — based on 2010 U.S. Census data — 10,557 same-sex couples live in Missouri. Of those couples, the Institute estimates that 50 percent (5,279 couples) would choose to marry in the first three years, a pattern that has been observed in Massachusetts and elsewhere.
Over 3,379 marriages would occur in the first year alone, and bring up to $23 million in revenue to the state of Missouri that year.
“This study confirms that all Missourians benefit from marriage for same-sex couples, not just the LGBT community,” said study author, M.V. Lee Badgett.
Key findings include:
- 5,279 in-state same-sex couples would choose to marry in the three years following an opening of marriage to same-sex couples in Missouri.
The total spending on wedding arrangements and tourism by resident same-sex couples and their guests would add an estimated $36.3 million to the state and local economy of Missouri over the course of three years, with a $23.2 million boost in the first year alone. This economic boost would add $2.75 million in sales tax revenue to the state coffer.
Spending related to same-sex couples’ wedding ceremonies and celebrations could create 312 to 936 jobs in the tourism and recreation sector for the state.
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There are currently two federal lawsuits pending that are challenging Missouri’s ban on same-sex marriage, and refusal to recognize out-of-state same-sex unions.