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Colorado Horse Power

Colorado Horse Power. A brief look at the numbers and economic impact of Colorado’s Horse Industry on Colorado’s Economy. Sponsors. Sponsors include Colorado State Cooperative Extension, Colorado Horsemen’s Council and the Colorado Horse Development Authority. Economic Value.

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Colorado Horse Power

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  1. Colorado Horse Power A brief look at the numbers and economic impact of Colorado’s Horse Industry on Colorado’s Economy

  2. Sponsors • Sponsors include Colorado State Cooperative Extension, Colorado Horsemen’s 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 Colorado’s 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.

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