Indiana: Extending Marriage to Same-sex Couples Could Add Over $39 Million to State Economy
For Immediate Distribution
May 13, 2014
LOS ANGELES — Extending marriage to same-sex couples in Indiana would generate over $39 million in spending to the state economy, according to a new study authored by Williams Distinguished Scholar, M.V. Lee Badgett; Williams Public Policy Fellow, E.G. Fitzgerald; and Williams Institute Senior Counsel, Christy Mallory.
“This study confirms that all Indianans benefit from marriage for same-sex couples, not just the LGBT community,” said Badgett.
According to 2010 U.S. Census, the most recent data available, 11,074 same-sex couples live in Indiana. Of those couples, the Institute estimates that 50 percent (5,537 couples) would choose to marry in the first three years, a pattern that has been observed in Massachusetts and elsewhere. Over 3,000 marriages would occur in the first year alone, and bring up to $25 million in revenue to the state of Indiana that year.
Key findings include:
• 5,537 in-state same-sex couples would choose to marry in the three years following an opening of marriage to same-sex couples in Indiana.
• The total spending on wedding arrangements and tourism by resident same-sex couples and their guests would add an estimated $39.1 million to the state and local economy of Indiana over the course of three years, with a $25 million boost in the first year alone.
• This economic boost would add $2.7 million in sales tax revenue to the state coffer.
• Spending related to same-sex couples’ wedding ceremonies and celebrations would generate 564 full- and part-time jobs in the state.
Analyses are informed by the methodology that the Williams Institute has used in previous studies of the economic impact of marriage in a number of other states. State-level data, 2010 Census data, and American Community Survey data were all used to estimate the economic impact of extending marriage to same-sex couples in Indiana. Estimates do not take into account the impact of same-sex couples from other states who will travel to Indiana to marry.
“Study after study has demonstrated that, in addition to significant revenue, marriage for same-sex couples also creates new jobs,” noted Mallory.