From wedding rings to receptions, weddings aren’t cheap and there’s an entire industry just waiting to help lovebirds spend money. But how much have LGBTQ couples contributed to the spending?
Same-sex marriages have contributed $3.8 billion to the US economy since the Supreme Court ruling in 2015 that legalized marriage equality nationwide.
According to the Williams Institute at California’s UCLA School of Law, almost 300,000 same-sex couples have married since the ruling.
“Marriage equality has changed the lives of same-sex couples and their families,” said the study’s lead author Christy Mallory, state and local policy director at the Williams Institute. “It has also provided a sizable benefit to business and state and local governments.”
45,000 jobs were supported by same-sex unions and they generated an additional $244 million in state and local taxes.