Equinomics
Why Horses are Important for Kentucky
Horses are Kentucky's third largest agricultural cash crop and Kentucky's signature industry
$3.5 billion: estimated economic impact
80 -100,000: direct and indirect jobs generated
$8.8 billion: economic impact of the state's tourism industry, which features the horse industry
$240 million: impact of Kentucky Horse Park
$217 million: impact of Kentucky Derby
More than $850 million : value of horses sold at auction in Kentucky annually
For every job in the horse industry, two more are created in horse-related businesses
Sources: American Horse Council, KEEP
Conceptualizing the Kentucky Horse Industry as an Economic Cluster
Equine economic research from UK's Agricultural Economics Department


