This entry was posted on Monday, March 31st, 2008 at 11:47 am and is filed under General, KY Economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
The Horse is King in Kentucky and Kentucky is King in the Horse Industry, that is no secret. I found some interesting facts that I thought you’d like to know. Kentucky Land Sales whole-heartedly supports the Kentucky Equine Education Project.
Kentucky Equine Economy
$4 billion Estimated economic impact of Kentucky’s horse economy
80,000 - 100,000 Direct and indirect jobs generated by the state’s horse industry
#1 The horse industry is Kentucky’s top agricultural cash crop (30% of the state’s economic activity is agriculture-related)
$8.8 billion Economic impact… of the state’s tourism industry, which features the horse industry as its signature promotional attraction.
14,600 Tourism-related jobs attributed to the equine industry
128,800 Participants in Kentucky horse farming, racing and equine-related businesses
2.3 million Estimated attendance at Kentucky Thoroughbred and Standardbred racetracks
320,000* Horses in Kentucky
$240 million Economic impact of the Kentucky Horse Park
$217 million Economic impact of the Kentucky Derby
$650 million Value of horses sold at auction in Kentucky in 2003
140,000 acres Acres preserved through the state’s Thoroughbred industry
$127 million Estimated Kentucky horse industry exports
* According to Deloitte
for the full information on KY’s KEEP Program, click here.
