2005 Economic Survey published
The first economic survey was completed under the sponsorship of the Horse Council in 1999, with the Dept. of Economics of Sonoma State University providing the economic statistics.
In 1999 the capital stock value of the equestrian sector ( horses, land, buildings and
equipment) was nearly three quarters of a billion dollars. The equestrian economy generates a
yearly production value of 185 million dollars. When the multiplier effect on other sectors of
the county is added, the total economic impact is above one quarter of a billion dollars
annually. The economic, environmental and political significance of the equestrian sector calls
for policies and plans that sustain its operation.
The horse industry is the second largest agricultural industry in Sonoma County, after grape
and wine production. There is a population of nearly 14,000 horses, which is a per capita ratio
of one horse to every 30 people. The total value of horses as livestock is $108,000,000.
Here is a quick comparison of 2005 data with 1999 data:
|
|
Capital Stock Value
|
Horse Population
|
Annual Production Value
|
Annual Total Economic Impact
|
|
1999
|
$750M
|
14,000
|
$185M
|
$250M
|
|
2004
|
$1,170M
|
18,000
|
$281M
|
$449M
|
For the 1999 survey report, please go to : Professor Benito's economic survey
You may read the 2005 report here in three parts:
The American Horse Council has recently published a US nationwide survey of equestrian economic impact.
Dr Benito has also performed an economic study on equestrian activities in neighboring Marin County
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