This paper provides a critical overview of research in geography that has explored the economic lives of Lesbian, gay, bisexual, transgender and queer (LGBTQ+) individuals. I begin by considering how the consumption and production of mainstream commercial gaybourhoods is the primary approach through which geographies of sexuality, and queer geographies have engaged with economy. I then examine the ways in which digital spaces have blurred the boundaries of consumption and production, arguing that digital spaces are indicative of the much broader range of economic actions in which LGBTQ+ people take part. Finally, I turn to Gibson‐Graham's ‘diverse economies’, suggesting that this concept can attend to the existence of numerous multi‐scalar and overlapping queer economies. Developing a queer economies research agenda is crucial to turn attention beyond consumption and production in a narrow range of gaybourhoods, and to better portray the lives of those frequently excluded from mainstream commercial LGBTQ+ economies.