A new study by the Williams Institute at the UCLA School of Law has found that Massachusetts legalizing same-sex marriage in 2004 has resulted in $111 million being pumped into the state’s economy.
The group also found that young, highly educated people in same-sex relationships were 2.5 times more likely to move to Massachusetts now that same-sex marriage is legal.
In April, the same organization found that Iowa’s economy stood to gain even more than northeastern states that have legalized same-sex marriage since Iowa has no nearby competitors for same-sex couples who want to marry. The group found that Iowa businesses could see $160 million in new wedding and tourism spending over the next three years, totaling an extra $5.3 million per year in tax revenue.