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SUNDAY, NOVEMBER 8, 2009
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In Gay Marriage, Calif. Sees Economic Love Match

Altar-bound same-sex couples could provide $370M boost to state economy

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(Newser) – Lifting the ban on same-sex marriages could prove a boon to California’s economy, as couples waiting for years to tie the knot spend big on lavish nuptials, the Los Angeles Times reports. Wedding planners, bakers, and other related business have seen increasing activity since the May 15 ruling; one economist estimates gay weddings could mean a $370 million boost.

Surveys suggest same-sex couples are also spending much more than altar-bound heterosexuals made frugal by the depressed economic climate: "These weddings will be much more lavish," one event planner says. "Everybody's been waiting for it to be legal to throw the big party."

"Our city has been barraged with phone calls from folks who want to ... find out how quickly we'll be able to issue licenses," one Palm Springs resident said after California legalized gay marriage.   (AP Photo/ Tony Avelar, file)
A company that surveys gay and lesbian consumers estimates gay consumers earn 20% more than straight counterparts%u2014and spend about 10% more on getting married, the Los Angeles Times reports.
A company that surveys gay and lesbian consumers estimates gay consumers earn 20% more than straight counterparts%u2014and spend about 10% more on getting married, the Los Angeles Times reports.   (AP Photo/Tony Avelar, File)
"These weddings will be much more lavish," one event planner said of same-sex marriage now legal in California. "Everybody's been waiting for it to be legal to throw the big party."   (AP Photo/Hector Mata)
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