Thursday, December 8, 2022

The Economic Impact of Marriage Equality Five Years after Obergefell v. Hodges

In June of 2015, the U.S. Supreme Court ruled in Obergefell v. Hodges that the Constitution guarantees all same-sex couples the right to marry, extending marriage to same-sex couples throughout the U.S. A recent study by the Williams Institute estimates that 293,000 same-sex couples have married since then, and their weddings generated an economic boost for state and local economies nationwide.

Wedding spending by these couples and their out-of-state guests has boosted state and local economies by an estimated $3.8 billion and generated an estimated $244.1 million in state and local sales tax revenue since the Obergefell decision. This spending supported an estimated 45,000 jobs for one full year.

An estimated 513,000 same-sex couples nationwide are married as of March 2020. The Institute estimated the number of same-sex couples who were married each year from June 2015 through 2018 based on analysis of data from the 2015-2018 American Community Survey (ACS). 

Read the full report here.

From a Williams Center press release.

 

 

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