Every day it seems like we hear about the economic impact that a âmainstreamâ business or industry brings to the tableâthe beer industry more than $252.6 billion; beauty industry $56.2 billion; NFL football teams $5 billion to their respective cities.
Determining the value of the equine industry
The Equine Industry Economic Impact Study is widely used to educate the public, media and elected officials about the industryâs size, reach, impact and importance and is used to help underscore buying power, tax effects, and tourism resulting from the horse industry.
How can we show the value of the equine industry in order to compete for the limited time and attention of consumers, and stress the importance our industry has on the U.S. economy?
The American Horse Council Foundation (AHCF) has the answer: updating the Equine Industry Economic Impact Study in 2017! This study documents the economic effects of racing, showing, recreation, rodeo and other segments of the horse industry on the state and national economy.
It provides invaluable data on the number of horses, jobs, and related industries that are impacted by horse ownership, and it shows the diverseness of individuals like yourself that are involved in this industry.
The study is widely used to educate the public, media and elected officials in congress and state legislature about the industryâs size, reach, impact and importance. The data is also frequently used to help underscore buying power (vehicles, trailers, feed, fencing, etc.), tax effects, and tourism resulting from the horse industry.
To underwrite the significant cost of the study, $400,000, the AHC is reaching out to all industry stakeholders for funding assistance. Weâre horse lovers, your horse lovers- this study is needed to ensure your voice is heard, and your interests are protected and preserved. Letâs work together to make this study happen!<
The two previous studies could not have been done without the generous support of organizations and individuals like yourself. A donation as small as $50.00 will help us jump-start this incredibly important project.
Contributions can be made easily online by visiting the AHC website here, or a pledge form can be downloaded here, and the accompanying donation sent to:
American Horse Council Foundation
Attn: Economic Impact Study
1616 H Street NW, 7th Floor
Washington, DC 20006
All donations through the AHC Foundation (a 501c3) are tax-deductible.
If you have any questions, please do not hesitate to contact the AHC.