El desafío para la Industria del Caballo en la Argentina es nuevamente
Este año ¿lo lograremos?
Mario López Oliva

domingo, 1 de febrero de 2009

National Economic Impact of the U.S. Horse Industry

excerpts from the 2005 economic study done by Deloitte Consulting LLP on behalf of the American Horse Council Foundation

bulletThere are 9.2 million horses in the United States
bullet4.6 million Americans are involved in the equine industry as horse owners, service providers, employees and volunteers which means that 1 out of every 63 Americans is involved with horses.
bullet2 million people own horses
bulletThe horse industry has a direct economic effect on the United States of $39 billion annually
bulletThe industry provides 460,000 full-time equivalent (FTE) jobs and spending by suppliers and employees generates additional jobs for a total employment impact of 1.4 million FTE jobs
bulletThe horse industry pays $1.9 billion in taxes to all levels of government
bulletThere are horses in every state. Forty-five states have at least 20,000 each

Impact by activity:

Number of Horses

GDP in Billions of $

FTE Jobs

Direct Total Direct Total
Racing 844,531 $10.6 $26.10 146,625 383,826
Showing 2,718,954 10.8 28.70 99,051 380,416
Recreation 3,906,923 11.8 31.90 128,324 435,082
Other 1,752,439 5.5 14.60 79,612 212,010







Diversity of the Industry

Study results show that the horse industry is highly diverse and supports a wide variety of activities in all regions of the country. It combines the primarily rural activities of breeding, training, maintaining and riding horses with the more urban activities of operating racetracks, horse shows and public sales.

Income Levels

The study also dispels the misconception that the horse industry is an activity only for wealthy individuals. In fact, the industry is a diverse activity with stakeholders which include recreational and show horse riders, as well as show and stable employees and volunteers.

Approximately 34% of horse owners have a household income of less than $50,000 and 28% have an annual income of over $100,000. In fact 46% of horse owners have an income between $25,000 and $75,000

Economic Impact for Ohio

The Ohio horse industry has a significant impact on the economy in the State of Ohio producing goods and services valued at $1.4 billion and directly providing 16,600 full-time equivalent jobs.

There are 307,000 horses in Ohio (70% of these are involved in showing and recreation)

Number of Horses
1. Texas 979,000
2. California 698,000
3. Florida 500,000
4. Oklahoma 326,000
5. Ohio 307,000
6. Kentucky 256,000

and 181,700 Ohioans are involved in the industry as horse owners, service providers, employees and volunteers. Even more participate as spectators:

Number of Participants
1. Texas 455,600
2. Florida 440,000
3. California 311,100
4. Kentucky 194,300
5. Ohio 181,700
6. New York 152,000
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