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King_David

(14,851 posts)
Tue Jul 24, 2012, 10:40 PM Jul 2012

Gay marriage an economic boon for NYC

Mayor Bloomberg says nuptials have had positive economic impact of $259 million and generated $16 million in city revenues

Gay marriage has boosted New York City's economy by $259 million in the past year and generated $16 million in city revenues, according to a study released Tuesday (24 July).

NYC & Company and the City Clerk’s Office report that since the Marriage Equality Act went into effect exactly a year ago, 67 percent of same-sex couples held wedding receptions at restaurants, homes, hotels or catering halls in the five boroughs, with 296,500 guests and 201,600 of them traveling from outside of the City.

New York City Mayor Michael Bloomberg said gay marriage has not only made the city 'more open, inclusive and free,' it has also helped to create jobs and support the economy


http://www.gaystarnews.com/article/gay-marriage-economic-boon-nyc250712

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