The horse industry in the United States contributes $39 billion in direct economic impact and generates about $102 billion in total spending, according to a detailed economic impact study released June 28.
The release of what is being called the most comprehensive study ever done on the horse industry in the United States will be released June 28 in Washington, D.C.
The horse industry in New York has an annual economic impact of $2.4 billion, according to information contained in a national economic impact study to be released soon by the American Horse Council.
With a large increase in the number of horse owners that supplied information, a new economic impact study for the horse industry, the first in almost 10 years, is expected to be more statistically reliable than its 1996 counterpart.
The American Horse Council said about 160,000 postcard invitations have been distributed asking people to participate in the update of the national economic impact study of the horse industry.
Deloitte Consulting LLP has been retained by the American Horse Council to update the 1996 National Economic Impact Study of the Horse Industry in the U.S.
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