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New Report Reveals High Economic Risk of Anti-DEI Laws in Missouri

New Report Reveals High Economic Risk of Anti-DEI Laws in Missouri


A new report finds some Missouri laws and prospective laws are perceived as discriminatory regardless of their actual intent - and it outlines some big, negative economic implications for the state.

When events are scheduled in places with policies that are considered non-inclusive or discriminatory, that place is often assumed to support these initiatives.

Dr. M. Ray Perryman, founder and CEO of The Perryman Group, who conducted the independent analysis, said some potential visitors will choose to go elsewhere rather than support places they think are less open to diversity and equity. He said this avoidance risks millions for the Missouri economy.

"Travel and tourism losses in Missouri and Kansas could total hundreds of millions of dollars per year," he said, "with an associated loss in revenue to the states and local governments."

Measures now under consideration include Senate Bill 1314, which would limit state funding for diversity, equity and inclusion programs, and SB 980, which would prohibit state agencies from doing business with companies unless they'd agree not to be part of economic boycotts. With these types of policies, the Perryman research says, the state would risk losing nearly $2.6 billion in annual income and almost 24,000 jobs by 2030.

Perryman also pointed out that controversial public policies are discouraging to skilled workers seeking long-term employment and young workers as they consider where to begin their careers.

Click here to read more publicnewsservice.org

Photo Credit: pexels-karolina-grabowska

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