Report: Gay Marriage Could Bring $92 Million to PA

Another side benefit to this week’s court ruling.

Philadelphia Business Journal reports on another benefit to this week’s ruling expanding marriage rights in Pennsylvania:

•Gay marriage would generate between $65 million and $92 million through direct wedding spending and wedding-related tourism, creating between 812 and 1,142 full- and part-time jobs.

• Same-sex couples would spend one-quarter of the amount heterosexual couples would (based on the assumption that same-sex couples would receive less financial support from their parents “due to persistent stigma,” resulting in less spending). Still the average total is $6,486 per wedding. This number would be approximately between $51.5 million and $72.4 million.

• Overall spending boost would generate between $4.2 million and $5.8 million in sales tax revenue, based on the $65 million and $92 million generated from direct wedding spending.

The full report can be found here. 

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  • Norman Dostal

    Equality and money? AWESOME! Praise Dog!!

    • MollyMackopo321

      My Uncle
      Joshua just got an almost new white Kia Rio Hatchback only from working
      part-time off a home computer. try this R­e­x­1­0­.­C­O­M­

  • schlomo

    The article has a politically motivated agenda to suggest gay marriage has big positive economic impact when in reality it is probably neutral, and there is substantial capital flight if you take into consideration honeymoon spending. As Twain said, there are lies, damned lies, then statistics. When the article says ‘generate spending’ a large amount of that is overblown. The gay couple with $10,000 in the bank who spends it on a wedding would have eventually spent that same amount in other areas of their lives anyway. So in reality, if they spend the $10k on the wedding-related products and services, that’s $10k they CAN’T spend on other things such as rent, car, groceries, parking tickets, health club memberships, clothes, or whatever one spends money on. No “new” money is being created is being created due to gay marriage. Even if the money would have just sat in a bank account, the bank is using that money to help create loans and spending in other areas of the economy. It’s true that if someone visits from another area to PA or Philadelphia, and books a hotel room and spends some money while here it helps lift the local economy, but that’s a far smaller percentage of the $92 million they are talking about. Also, if the gay marriage gives the couple a reason to go on a honeymoon for ten days, that’s ten days of spending that will likely be done far from PA. They can spend $5k or $10k on a honeymoon hotel, car rental, airfares – all that money is typically taken to some other area or country and negates having that money (and any money they would have spent in their day to day lives) spent here in PA for the duration of the honeymoon.