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Impact of the Horse Industry on New York State |
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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: 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: The 202,000 horses in New York represent the following activities: (Source: American Horse Council Foundation: The Economic Impact of the New York State Horse Industry, 2005)
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