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Impact of the Horse Industry on New York State

ECONOMICS

Produces a total economic impact valued at approximately $2.4 BILLION with an activity distribution as follows:

  • $1.4 billion from Racing
  • $400 million from Showing
  • $418 million from Recreation
  • $129 million from Other activities

 

Generates a direct economic impact of approximately $1.4 billion with an activity distribution as follows:

  • $869 million from Racing
  • $234 million from Showing
  • $249 million from Recreation
  • $75 million from Other activities

 

Generates approximately $124 million in annual taxes (of which $88 million is paid to state government and $13 million to local government.)

 

JOBS:

Involves approximately 152,000 New Yorkers, including:Image

  • 56,400 horse owners
  • 19,100 employees
  • 76,500 volunteers

 

Generates approximately 12,700 direct jobs and 35,200 total jobs

 

HORSE POPULATION CHARACTERISTICS:

Approximately 202,000 horses including:

  • 47,600 Thoroughbreds
  • 48,600 Quarter Horses
  • 105,700 Other horses (registered and unregistered)

 

The 202,000 horses in New York represent the following activities:

  • 23,200 in Racing
  • 60,700 in Showing
  • 89,200 in Recreation
  • 28,700 in Other activities

 

(Source: American Horse Council Foundation: The Economic Impact of the New York State Horse Industry, 2005)

  
 

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