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Re: Civicbird post# 14794

Wednesday, 12/27/2017 7:11:35 PM

Wednesday, December 27, 2017 7:11:35 PM

Post# of 19855

I still have a difficult time imagining the horse business as a billion dollar one.


I never could have imagined that I would actually be doing some (Google) research concerning the horse industry. But here I am and I just did. And truly GLAD I did as well! smile Actually, I was VERY surprised at just how HUGE the horse industry is GLOBALLY! Check these figures out:

https://www.equinebusinessassociation.com/equine-industry-statistics/

The Market is spread as follows:

U.S.A : $102 billion
Europe : $133 billion
Canada : $16 billion
Australia : $5 billion
UK : $6.2billion
Ireland : $1.3billion
China : $1.58billion


https://www.ridewithequo.com/blog/the-horse-industry-by-the-numbers

ECONOMIC IMPCT OF THE INDUSTRY:

The horse industry impacts the American economy in greater measure than motion picture services, railroad transportation, furniture and fixture manufacturing and cigarettes. The industry employs more than 700 thousand people directly. 450 thousand of these positions are full-time equivalent jobs, the rest are part-time and seasonal.

Total Impact on GDP: $101.5B
Goods and Services Sold per Year: $38.8B
GDP Effect by Activity:

Racing: $10.6B
Showing: $10.8B
Recreation: $11.8B
Other: $11.8B
TOTAL: $38.8B


Frankly, I'm actually getting a tad excited! Indeed, what IF Bagley and Co. know what is going on AND have a plan?

GLTA