According to an analysis by the Associated Press, North Carolina’s anti-trans “bathroom bill” HB2 will cost the state over $3.67 billion in lost business over 12 years.
Still, $3.67 billion might be a conservative estimate. The real number could be even higher.
The AP writes:
The count includes only data obtained from businesses and state or local officials regarding projects that canceled or relocated because of HB2. A business project was counted only if AP determined through public records or interviews that HB2 was why it pulled out.
Some projects that left, such as a Lionsgate television production that backed out of plans in Charlotte, weren’t included because of a lack of data on their economic impact.
Will other states take this economic downturn as a warning and abandon their own attempts to pass a bathroom bill? Or will they put prejudice over profit?
(Header image via Jeffrey Beall)