Abortion bans and restrictions are costing $133B/yr and counting

Obviously some will quibble about the precise figures and about how much can really be attributed to the effects of Dobbs. But that there is a big economic cost is beyond any legitimate dispute.

A new analysis by the Institute for Women’s Policy Research (IWPR), a DC-based think tank, estimates that the 16 states with total or near-total abortion bans have sustained more than $64 billion in economic losses annually since the Dobbs v. Jackson Women’s Health Organization decision in June 2022. That’s enough to cover the average estimated health care costs related to pregnancy, childbirth, and the postpartum period for nearly all of the 3.6 million births that occurred in the US last year, the IWPR fact sheet says.

Nationwide, the Dobbs decision that overruled Roe has led to a staggering $133 billion in economic losses each year, IWPR estimates. Beyond the 16 state bans, the loss of federal protections that Roe offered, plus restrictions in other states that reduce abortion access—such as mandatory pre-abortion counseling and waiting periods, restrictions on providers, and gestational limits—have had an enormous economic toll, the think tank says. The restrictions keep more than a half million women out of the labor force each year, with Black women and Latinas suffering the greatest impacts, according to IWPR’s analysis.

This is not the first indication that Dobbs has shrunken the workforce and stunted the economy. Recent research from both IWPR and the National Bureau of Economic Research (NBER), for example, shows that young, highly educated people are moving out of states with abortion bans. And another recent NBER paper found that abortion restrictions increased rates of intimate partner violence by 7 to 10 percent, contributing to a projected increase of $1.24 billion in social costs, including health care and lost productivity for victims. But the new IWPR fact sheet provides some of the timeliest analysis of the economic impacts of Dobbs, and helps quantify the overall costs of rising abortion restrictions nationwide. “This is not just a women’s crisis, it’s really a national economic crisis of significant magnitude,” says Melissa Mahoney, senior research economist at IWPR and lead author of the report. - Mother Jones