Economic Impact of the United States Horse Industry*

The AHC is in the process of finalizing the data for our 2017 Economic Impact Study. We know you are as anxious as we are to see the final results. We will be holding an event on February 28th with the Congressional Horse Caucus to announce the complete results. The study will be available for purchase in the beginning of March.

 

As a large, economically diverse industry, the United States horse industry contributes significantly to the American economy. The following statistics are from the American Horse Council Foundation’s 2005 National Economic Impact Study.

The horse industry contributes approximately $39 billion in direct economic impact to the U.S. economy, and supports 1.4 million jobs on a full-time basis. When indirect and induced spending are included, the industry’s economic impact reaches $102 billion

Some key industry statistics and economic indicators:

Estimated number of horses in the U.S.

     9.2 million

Estimated number of horses by activity

    Recreation- 3,906,923

    Showing- 2,718,954

    Racing- 844,531

    Other- 1,752, 439

Estimated number of horses by breed

    Quarter Horse- 3,288,203

    Thoroughbred- 1,291,807

    Other- 4,642,739

Estimated number of horses in each of the 50 states

    Texas (1 million), California (700,000) and Florida (500,000) are the leading horse states

    45 of 50 states have at least 20,000 horses

Direct, indirect and induced economic impacts of the industry in U.S.

    Contributions to the Gross Domestic Product (GDP)

        $102 billion via direct, indirect and induced spending

    Number of Full-Time Equivalent (FTE) jobs produced

        1.4 million

 

*Please note, the following statistics may be used for informational purposes only, and credit must be given to the American Horse Council Foundation for use in articles online or in print. If you have any questions, please contact the AHC at info@horsecouncil.org