Marriage equality in the US is about to create a $2.6 billion wedding boom
By Jenni Avins
June 27, 2015
Many across the US—and the world—this weekend are celebrating the Supreme Court’s ruling that same-sex marriage is now legal in all 50 states.
In the US, one group has an extra reason to celebrate—and batten the hatches for a windfall. The caterers, calligraphers, stationers, florists, dress shops, tailors, bands, bakers, photographers, videographers, and wedding planners who make US nuptials into the extravaganzas they traditionally are will soon have even more marriages to support their businesses, and that’s good for local economies.
The Williams Institute, a think tank based at the UCLA School of Law, estimates that legalizing same-sex marriage nationwide could be worth a total of $2.6 billion in spending, leading to nearly $185 million in state and local tax revenue, and creating some 13,000 jobs.
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