AP Exclusive: ‘Bathroom bill’ to cost North Carolina $3.76B

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

RALEIGH, N.C. (AP) _ The Associated Press has determined that North Carolina’s law limiting LGBT protections will cost the state more than $3.76 billion in lost business over a dozen years.

That’s despite Republican assurances that the “bathroom bill” isn’t hurting the economy.

The tally includes state Commerce Department projections for several large companies that backed out of projects because of the law, as well as estimates for dozens of canceled sporting events, concerts and conventions.

Still, other measures show North Carolina has a healthy economy estimated at more than $500 billion a year. The federal government reported that North Carolina had one of the nation’s fastest-growing economies months after the law passed.

Republican Lt. Gov. Dan Forest has said news outlets are exaggerating economic harm done by the law.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s