NATIONAL ECONOMIC IMPACT OF THE U.S. HORSE INDUSTRY State Breakout Studies
The horse industry is a very large and important part of our national, state and local economies. It is diverse, involving agriculture, business, sport, gaming, entertainment and recreation.
The economic study done by Deloitte Consulting LLP for the American Horse Council Foundation in 2005 validates what the industry has known for some time, that the horse industry is a highly-diverse, national, serious and economically significant industry that deserves the attention of the general public, the media and federal, state and local officials.
State breakout studies were also done for the following states:
California | Colorado | Florida | Indiana | Kentucky | Louisiana | Maryland | Missouri
New Jersey | New Mexico | New York | Ohio | Oklahoma | Texas | Wyoming
California:
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The California horse industry produces goods and services valued at $4.1 billion.
The national industry has a $7 billion impact on the California economy when the multiplier effect of spending by industry suppliers employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
311,100 Californians are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The California horse industry directly provides 54,200 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in California and other states) generates additional jobs in California for a total employment impact of 130,200.
There are 698,000 horses in California, over 70 percent of which are involved in showing and recreation.
Colorado:
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The Colorado horse industry produces goods and services valued at $956 million.
The national industry has a $1.6 billion impact on the Colorado economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
102,400 Coloradans are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The Colorado horse industry directly provides 5,800 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in Colorado and other states) generates additional jobs in Colorado for a total employment impact of 21,300.
There are 256,000 horses in Colorado, over 70 percent of which are involved in showing and recreation. There are 698,000 horses in California, over 70 percent of which are involved in showing and recreation.
Florida:
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The Florida horse industry produces goods and services valued at $3.0 billion
The national industry has a $5.1 billion impact on the Florida economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
440,000 Floridians are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The Florida horse industry directly provides 38,300 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in Florida and other states) generates additional jobs in Florida for a total employment impact of 104,700.
There are 500,000 horses in Florida , over 60 percent of which are involved in showing and recreation.
Indiana:
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The Indiana horse industry produces goods and services valued at $779 million.
The national industry has a $1.3 billion impact on the Indiana economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
90,000 Indianans are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The Indiana horse industry directly provides 8,400 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in Indiana and other states) generates additional jobs in Indiana for a total employment impact of 22,500.
There are 203,000 horses in Indiana, over 80 percent of which are involved in showing and recreation.
Kentucky:
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The Kentucky horse industry produces goods and services valued at $2.3 billion.
The national industry has a $3.5 billion impact on the Kentucky economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
194,300 Kentuckians are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The Kentucky horse industry directly provides 51,900 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in Kentucky and other states) generates additional jobs in Kentucky for a total employment impact of 96,000.
There are 320,200 horses in Kentucky, over 50 percent of which are involved in showing and recreation.
Louisiana:
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The Louisiana horse industry produces goods and services valued at $1.6 billion.
The national industry has a $2.4 billion impact on the Louisiana economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
54,200 Louisianans are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The Louisiana horse industry directly provides 5,500 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in Louisiana and other states) generates additional jobs in Louisiana for a total employment impact of 24,300.
There are 164,000 horses in Louisiana , over 70 percent of which are involved in showing and recreation.
Maryland:
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The Maryland horse industry produces goods and services valued at $1 billion.
The national industry has a $1.6 billion impact on the Maryland economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
65,600 Marylanders are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The Maryland horse industry directly provides 10,000 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in Maryland and other states) generates additional jobs in Maryland for a total employment impact of 28,000.
There are 153,000 horses in Maryland , over 40 percent of which are involved in showing and recreation.
Missouri:
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The Missouri horse industry produces goods and services valued at $718 million.
The national industry has a $1.3 billion impact on the Missouri economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
125,100 Missourians are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The Missouri horse industry directly provides 42,200 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in Missouri and other states) generates additional jobs in Missouri for a total employment impact of 56,000.
There are 281,000 horses in Missouri, over 70 percent of which are involved in showing and recreation.
New Jersey:
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The New Jersey horse industry produces goods and services valued at $710 million.
The national industry has a $1.1 billion impact on the New Jersey economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
55,900 New Jerseyans are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The New Jersey horse industry directly provides 9,600 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in New Jersey and other states) generates additional jobs in New Jersey for a total employment impact of 21,400.
There are 83,000 horses in New Jersey, over 80 percent of which are involved in showing and recreation.
New Mexico:
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The New Mexico horse industry produces goods and services valued at $503 million.
The national industry has a $759 million impact on the New Mexico economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
91,100 New Mexicans are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The New Mexico horse industry directly provides 35,700 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in New Mexico and other states) generates additional jobs in New Mexico for a total employment impact of 45,000.
There are 147,000 horses in New Mexico, over 60 percent of which are involved in showing and recreation.
New York:
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The New York horse industry produces goods and services valued at $1.4 billion.
The national industry has a $2.4 billion impact on the New York economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
152,000 New Yorkers are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The New York horse industry directly provides 12,700 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in New York and other states) generates additional jobs in New York for a total employment impact of 35,200.
There are 202,000 horses in New York, over 70 percent of which are involved in showing and recreation.
Ohio:
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The Ohio horse industry produces goods and services valued at $1.4 billion.
The national industry has a $2.2 billion impact on the Ohio economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
181,700 Ohioans are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The Ohio horse industry directly provides 12,700 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in Ohio and other states) generates additional jobs in Ohio for a total employment impact of 42,700.
There are 307,000 horses in Ohio, over 70 percent of which are involved in showing and recreation.
Oklahoma:
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The Oklahoma horse industry produces goods and services valued at $766 million.
The national industry has a $1.2 billion impact on the Oklahoma economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
117,900 Oklahomans are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The Oklahoma horse industry directly provides 12,400 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in Oklahoma and other states) generates additional jobs in Oklahoma for a total employment impact of 31,600.
There are 326,000 horses in Oklahoma, over 70 percent of which are involved in showing and recreation.
Texas:
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The Texas horse industry produces goods and services valued at $3.0 billion.
The national industry has a $5.2 billion impact on the Texas economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
455,600 Texans are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators.
The Texas horse industry directly provides 32,200 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in Texas and other states) generates additional jobs in Texas for a total employment impact of 96,300.
There are 979,000 horses in Texas, over 60 percent of which are involved in showing and recreation.
Wyoming:
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The Wyoming horse industry produces goods and services valued at $191 million.
The national industry has a $286 million impact on the Wyoming economy when the multiplier effect of spending by industry suppliers and employees is taken into account. Accounting for off-site spending of spectators would result in an even higher figure.
33,100 Wyomingites are involved in the industry as horse owners, service providers, employees, and volunteers. Even more participate as spectators
The Wyoming horse industry directly provides 1,400 full-time equivalent (FTE) jobs. Spending by suppliers and employees (in Wyoming and other states) generates additional jobs in Wyoming for a total employment impact of 4,900.
There are 99,000 horses in Wyoming, over 60 percent of which are involved in showing and recreation.
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