Heres how much gay marriage could add to the economy

News Gay weddings have boosted state and local economies by $6 billion since marriage equality shutterstock creative. Terms and Privacy Policy. The moment Jose Matos proposed to Juan Estrada after New York state approved same-sex marriage, the pair joined thousands of gay couples expected to boost an economy that has been on the rocks.

Now we're so happy to come out of the closet with them. Ron Dicker. Estrada and Matos are in no hurry -- at least for the reception. Researchers at UCLA School of Law’s Williams. If the rest of the states were to join the six plus Washington, D. Added Business Is More Than Icing on the Cake "As far as the future for the next states that extend marriage to same-sex couples, it's really a case of 'to the victor goes the spoils,' " said the Williams Institute's executive director, Brad Sears.

Engraved invitations? Updated Thu, 30 Jun , pm 4 min read. From the economic standpoint alone, the groom-to-be wondered why same-sex marriage took so long. Are you worried about the impact of AI on the jobs market? Jack Follmer, co-owner of Very Special Flowers , said it would take at least 30 days before he could gauge the increase.

They know a private chef who will give them a deal on the food -- fusion appetizers to reflect Estrada's Mexican heritage and Matos' Puerto Rican and Japanese roots. It's matrimony's version of a financial stimulus program. Spending on same-sex weddings has provided a nearly $6 billion boost to state and local economies over the past decade, according to a new study.

And because some of his transactions involve couples buying bouquets on the run to City Hall, he'll still have a tough time keeping track. Privacy dashboard. Have your say. The Supreme Court ruled today in favor of legalizing gay marriage throughout all 50 states of the U.S.

as well as in the District of Columbia. We estimate that wedding spending by these couples and their out-of-state guests has boosted state and local economies by an estimated $ billion and generated an estimated $ million in state and local sales. We've done so many [same-sex] weddings but not technically legal weddings.

And the decision may prove to be an economic boon. Story Continues. I'm taking care of the creative. An estimated , same-sex couples have married since Obergefell. Said Estrada: "We want to do the whole nine yards. Amanda Jassin, the director of sales, said the Altman would "adjust" some of the promotional photos "so it's not about the bride and groom but just the experience.

A ripple effect could create a happily-ever-after of sorts for the country, two studies indicated. As these couples married, their weddings generated an economic boost for state and local economies nationwide. They'd like to marry in a civil ceremony as fast they can and are open to throwing the big party later, Estrada said.