A study from the International Women's Policy Center found that state economies already lose billions due to abortion restrictions, as a result of the Supreme Court's decision to overturn Wade.
A group of abortion-rights activists gather in front of the Supreme Court.
According to numerous studies, abortion restrictions and being denied an abortion have negative economic impacts, including decreasing participation in the labor force and increasing rates of poverty and debt.
The IWPR study found that getting rid of all state-level abortion restrictions would increase the national GDP by almost 1%.
Reductions in labor force participation and earnings levels, if people don't work or have lower levels of education because they're caring for children, are some of the factors that lead to that.
IWPR found that Texas suffered $14.6 billion in economic losses before it enacted a six-week abortion ban.
IWPR President and CEO C. Nicole Mason predicted to Forbes ahead of the ruling that the economic impact would be much higher.
It is good for women workers and the economy if they have access to reproductive healthcare services, according to Mason. The numbers aren't lying.
$1,700. The IWPR study found that if all abortion restrictions were removed, the salaries of women ages 15 to 44 would go up. In the absence of state-level abortion restrictions, 505,000 more women would enter the labor force, and women ages 15 to 44 would earn $101.8 billion more annually.
According to the IWPR study, the economic losses of states that protect abortion access are the same as the economic losses of states that don't.
Economic arguments in favor of abortion have been opposed by anti-abortion advocates. The moral benefits of banning abortion outweigh the economic drawbacks, according to abortion opponents. The president of National Right to Life told Forbes that they don't kill humans to solve problems. If you want to succeed, then you have to kill your children, that is what I don't think we should be telling women. Anti-abortion activists argue that banning abortion will increase efforts to strengthen the social safety net, as more services and goods are needed to accommodate a higher birth rate.
The Supreme Court overturned Wade on Friday as part of a case regarding Mississippi's 15-week abortion ban and whether states can restrict the procedure even before a fetus is viable. Justice Samuel Alito argued that the case should be thrown out because the right to an abortion is not explicitly stated in the constitution. Four justices signed on to Alito's opinion, but the court's three liberals dissented. A wave of outrage from abortion rights advocates and increased efforts to restrict and shore up abortion access followed the decision after a draft opinion from February suggested the court would take such a step.
As the Supreme Court considered the Mississippi case, the economic benefits of allowing abortion have come under scrutiny. The Turnaway Study found that women who had been denied an abortion were more likely to have a household. During a congressional hearing in May, the head of the Federal Reserve warned that if the Supreme Court overturns the abortion law, it will have very damaging effects on the economy. According to the experts, the 1973 precedent is connected to women's advancement in social and economic life and would have a negative impact on women's lives.
Here's how it'll impact reproductive healthcare.
Here's how it could affect fertility treatments.
There are costs of reproductive health restrictions.
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