Savings.com: Begin the Equine – Are Equestrian Sports Only for the Upper Class?

Other than coverage of the Triple Crown horse racing–the Kentucky Derby, Preakness and Belmont Stakes–equestrian sports are largely absent the media coverage that other sports receive. The American equine industry, however, is a vastly diverse and economically productive business. According to the American Horse Council Foundation’s 2005 economic study, the horse industry generates 1.4 million full-time jobs in the U.S. and pays $1.9 billion in taxes. Additionally, there are horses in every state and forty-five states have at least 20,000 horses each.

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Penny Ray

Penny Ray is President and COO of BallersOnBudgets.com. He also writes freelance for multiple online and print publications on the topic of personal finance. In 2010 he was selected as a Savings.com DealPro.

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Tags: equestrian sports, equine, horseback riding, on a budget, triple crown

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