Same-sex marriage could increase Minnesota’s annual economy by $38 M

Since same-sex marriage became legal in Minnesota, Heidi Garrido has shot for more than a dozen same-sex weddings. The St. Paul photographer said she’s already seen a major increase in her profits since the state legalized same-sex marriage last summer.And Garrido isn’t the only one that thinks the wedding industry is going to see a major uptick from the ruling. According to a study released by Nerd Wallet earlier this month, Minnesota could stand to gain $38 million dollars annually in the wedding industry from same-sex marriages. The study estimates around 1,300 same-sex marriages in the state per year, and bases its predictions off of the 2.9 percent of Minnesota’s population who identify as LGBTQ and the state’s average wedding cost of $28,265.“This is not only a short-term development,” said the author of the study Sreekar Jasthi. Continue Reading