Frustration?

[Antitrust32]

Steve, those numbers represent the whole equine industry.

"The study reveals:



· An industry that is both large and economically diverse, as well as a key contributor to the overall fabric of the U.S. economy;

· Horse owners and industry suppliers, racetracks, and off-track betting operations, horse shows and other industry segments all generate discrete economic activity contributing to the vibrancy of the overall industry;

· Of the total economic impacts reported, approximately $32.0 billion is generated from the recreational segment; $28.8 billion from the showing segment and $26.1 billion is generated from the racing segment."


http://www.horsecouncil.org/2005%20J...%20Release.htm

[Kasept]

Originally Posted by Antitrust32

Steve, those numbers represent the whole equine industry. Of the total economic impacts reported, approximately $32.0 billion is generated from the recreational segment; $28.8 billion from the showing segment and $26.1 billion is generated from the racing segment."

That's the direct value figure I used ($25B in 1996). The figs quoted were culled from a Forbes article that used the figures from racing only.

[Antitrust32]

Originally Posted by Kasept

That's the direct value figure I used ($25B in 1996). The figs quoted were culled from a Forbes article that used the figures from racing only.

Makes sense and thanks for explaining.