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The horse industry is a highly diverse industry that 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.
For years, horsemen and women have known that the American horse industry is a serious, economically diverse and productive business that deserves the attention and appreciation of government, media and the public. But they had no written documentation to support their claims. Following are some industry statistics from The Economic Impact of the Horse Industry in the United States, conducted by the Barents Group of Washington, DC. What is the Economic Impact of the Horse Industry? The horse industry has a total impact of $112.1 billion on U.S. Gross Domestic Product (GDP).
There are 7.1 million Americans are involved in the industry as horse owners, service providers, employees and volunteers.
There are 6.9 million horses in the U.S., including both commercial and recreational horses.
Pari-mutuel horse racing, which includes off-track, inter-track and account wagering, is legal in 43 states and involves the racing of Thoroughbreds, Standardbreds, Quarter Horses, and Arabians. There are over 175 racetracks in the U.S. Find out more information on racing statistics. Recreation Statistics Many individuals enjoy riding horses with no concern for money or ribbons. These individuals find respite from their busy lives with a few hours a day or week on horseback. Find out more information on recreation statistics. Showing Statistics Interest in horse showing spans all breeds and disciplines. On any given weekend you can find shows for professional, amateur or young riders with an interest in western, English, jumping, hunt seat, halter, pleasure, side-saddle, with a carriage or cart, three-gaited or five-gaited. Find out more information on showing statistics. How to Order the Study This study is available in four volumes separately or as one complete study.
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