Industry profile and opportunities

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Industry profile and opportunities
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Objectives of this section

• After completing this section, you should be able
  to
• Identify countries or areas with the most horses,
  donkeys, and mules
• Compare the population of horses, donkeys, and
  mules in the United States to that in the world
• Describe the rise and fall of the horse
  population in the United States
• Project changes in the horse population in the
  United States

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Objectives of this section

• Name four general areas of equine research and
  give two examples of each
• Identify activities and organizations associated
  with the United States horse industry
• Discuss the future of the United States horse
  industry

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Industry profile and opportunities

• The horse industry is a highly diverse industry
  that supports a wide variety of activities.
• Combines rural activities of
• Breeding, training, maintaining and riding
• With urban activities of
• Operating racetracks, off-track betting parlors,
  horse shows and public sales.

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Industry profile and opportunities

• How many horses are there?
• 6.9 million horses in the U.S.
• Both commercial and recreational
• 725,000 of those horses are involved in racing
  and race horse breeding,
• While 1,974,000 and 2,970,000 are used in showing
  and recreation, respectively.
• 1,262,800 are used in other activities
• Farm and ranch work
• Rodeo, polo, police work, etc.

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Industry profile and opportunities
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Industry profile and opportunities
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Industry profile and opportunities

• Top 10 horse-producing states
• Texas
• California
• Oklahoma
• Colorado
• New York
• Ohio
• Michigan

• Pennsylvania
• Washington
• Kentucky

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Industry profile and opportunities
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Industry profile and opportunities

• How many people are involved in the Industry?
• 7.1 million Americans are involved in the
  industry as
• Horse owners ,
• Service providers,
• Employees, and
• Volunteers.

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Industry profile and opportunities

• 3.6 million and 4.3 million of those participated
  in showing and recreation, respectively.
• With some overlap of participants in both
  activities.
• 941,000 people participated in racing in either a
  professional or volunteer capacity.
• 1.9 million people own horses.
• Tens of millions more Americans participate as
  spectators.

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Industry profile and opportunities

• The horse industry is a divers broad-based
  activity with stakeholders including large
  numbers of
• recreational and show horse riders,
• And moderate-income track,
• Show and stable employees and volunteers.

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Industry profile and opportunities

• The median income for all U.S. households is
  36,000.
• The median income for horse owning households is
  60,000.
• 14 of horse-owning households have incomes under
  25,000
• 38 under 50,000.
• 64 under 75,000.

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Industry profile and opportunities

• Impact on the American Economy
• The horse industry directly produces goods and
  services of 25.3 billion.
• And has a total impact of 112.1 billion on U.S.
  gross domestic product.
• Racing, showing and recreation each contribute
  more than 25 to the total value of goods and
  services produced by the industry.

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Industry profile and opportunities

• The industrys contribution to the U.S. GDP is
  greater than the
• Motion picture services
• Railroad transportation,
• Furniture and fixtures manufacturing
• Tobacco product manufacturing
• The industry pays a total of 1.9 billion in
  taxes to federal, state and local governments.

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Industry profile and opportunities

• Of the 619,400 people directly employed by the
  industry
• Some part-time and seasonal employees, which
  equates to
• 338,500 full-time equivalent jobs.
• The industry generates over 1.4 million FTE jobs
  across the U.S.

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Industry profile and opportunities

• In terms of employment, the industry directly
  employs more people than
• Railroads
• Radio and television broadcasting,
• Petroleum and coal products manufacturing
• Tobacco product manufacturing.

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Industry profile and opportunities

• Broken down, the horse industry has a direct
  economic effect in
• Urban areas of 2.8 billion and employs 45,800
  FTE employees.
• Rural areas, the direct economic effect is 22.5
  billion and employs 292,7000 FTE employees.

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Horse Careers

• Overview of Careers
• Auctioneering / horse sales
• Boarding
• Breeding
• Breed Registry / Assoc.
• Businesses
• Farriery
• Guest Dude Ranches,
• Youth Camps
• Health Care

• Horse Racing
• Horse Training
• Judging
• Law Enforcement
• Manufacturing Sales
• Outfitter
• Polo
• Publishing
• Riding Instruction
• Rodeo

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Horse Careers

• Overview of Careers
• Stables
• Support Professions
• US Dept. of Agriculture
• U.S. Forest Service
• US Dept. of Interior
• Veterinary Medicine
• Wagon Trains Trail Rides

What ever career you choice be sure it is one you
will enjoy.
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Research in the Horse Industry

• Unsoundness and Injury
• Breeding and Reproduction
• Nutrition
• Disease Prevention and Control
• Equine Behavior