The $9.5 Billion Marriage Equality Windfall
By support
Jun 16, 2009 at 11:41 am
June 16, 2009
There are 781,267 same-sex couples living together in the U.S., according to the Census Bureau's 2005-07 American Community Survey. Talk about a stimulus package. While wedding-related revenues--snagged by small shops to giant corporations top $160 billion (an average wedding now costs $20,400), the industry has shrunk at an annualized 1.9% rate after inflation since 1999. If half of the same-sex couples got hitched, Forbes estimates that the industry would reap nearly $10 billion in additional revenue. [Link]
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