Gay marriage good for economy
Posted: June 10th, 2008 | Author: caden | Filed under: News | Tags: California Economy, California State, California Supreme Court, Gay Marriage Ban, jobs, Marriage, Same Sex Couples, Same Sex Weddings, State Budget, Ucla School, Wedding Industry |
The California Supreme Court overturned the state’s gay marriage ban in May, and a new study from UCLA says that gay marriage will be good for the economy:
A new study says same-sex weddings will provide California’s economy with a substantial boost, creating thousands of jobs and much needed revenue.
The study by the Williams Institute at UCLA School of Law says direct spending by same-sex couples will add $684 million to the state’s wedding industry and $64 million to the state budget over the next three years.The study estimates that half of California’s 102,639 same-sex couples will marry over the next three years and another 68,000 will come from out-of-state. As many as 2,200 additional jobs will be created.
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