Colorado Horse Power

1
Colorado Horse Power

• A brief look at the numbers and economic impact
  of Colorados Horse Industry on Colorados Economy

2
Sponsors

• Sponsors include Colorado State Cooperative
  Extension, Colorado Horsemens Council and the
  Colorado Horse Development Authority.

3
Economic Value

• Number of Horses
  145,000
• Annual Sale of Horses Related Activities 130
  million
• Related Assets/Investments
  4.3 billion
• Total taxes 9.3 million
• Number of Full-Time Jobs
  30,800
• Economic Impact of Industry
  2.6 billion

4
Horse Population

• Quarter Horses - 70,000
• Arabians Half Arabians - 12,000
• American Paint - 10,000
• Thoroughbreds - 9,000
• Colorado Agricultural Statistics Service was
  unable to identify specific breeds on a total of
  17,500 horses.

5
Operations

• 60 of horse operations are Farms or Ranches.

6
District Results

• Estimated value of Colorados equine is 385
  million.

7
Equine Related Income

• Equine income sales and related
  equine/agricultural activities during 1998
  totaled 130 million.

8
Equine Related Expenses

• Purchases of feed and bedding accounted for the
  largest expenditures, at 60 million.

9
Participation in Equine Activities
10
Use of Horses in Colorado

• Event Participation By Colorado Owners (percent
  households)
• 84.3- Shows, Events, Clinics
• 25- Rodeos
• 6.0- Races

11
Should CO have an Equine Park?

• Respondents were asked
• if there should be an equine park.
• who should fund it.
• Equine Park includes
• show grounds
• museum of horse history
• breed barns
• demonstrations

12
Should CO have an Equine Park?

• 57 of the respondents favor having an equine
  park in Colorado.