We live in a time of great abundance.  I know that to some people this does not appear to be the case.  I have found recently for me that abundance can be more of a feeling than anything tangible.  Don’t get me wrong, it is great to see and touch the tangible effects of abundance but I have come to realize that some times I have to believe in the having of it before I ever get even a glimpse of it.

Especially now, in the business world we tend to look at the economy as going down hill where in fact it is really doing quite well.  I did a some research on the horse industry and obtained some very uplifting information that I want to share with you.  This data was obtained from the American Horse Council.  It is extremely encouraging information as it indicates that the horse industry has a very large effect on the economy as a whole.  Far more than I suspect many have realized.  Here are a few statistics:

• There are 9.2 million horses in the United States
• 4.6 million Americans are involved in the horse industry as owners, employees or service providers
• 2 million people own horses
• The horse industry has a direct economic effect on the U.S. of $39 billion annually and a total impact of $101.5 billion on the U.S. GDP  (gross domestic product)
• This industry pays $1.9 billion in taxes
• It supports over 1.4 million full-time employment jobs throughout the U.S. which includes racing, showing, recreation and other types

When it comes to horse economics, which end of the stick are you on? Is it the end that shouts great abundance or something less than that?

 Printer Friendly Version