The California Horse Power Coalition (CHPC), a growing partnership of Thoroughbred associations, will commit to fund the California breakout report as part of the American Horse Council's California Economic Impact Study, the organization said in a release Thursday.
“The American Horse Council consistently produces the most comprehensive national economic impact studies that showcase the vast benefits that the equine industry brings to communities across the country,” said Josh Rubinstein, President of Del Mar Thoroughbred Club, an American Horse Council member. “As our industry continues to evolve, we are confident that the results will underscore our industry's commitment to advancing California's economy, expanding the travel and tourism industry, and creating a space for friends and family to create unforgettable shared experiences together.”
The American Horse Council's economic impact studies examine the industry's contributions to the national GDP, as well as individual states, which includes employment, volunteers, equid population, acreage and more. Each category is also broken down by sector: recreation, racing, competition and working horses.
“The CHPC mission is to preserve and protect California's vibrant equestrian culture. Funding the economic impact study affirms the coalition's commitment to not only uplift the equine industry but to encourage stakeholders, large and small, to use their voice to advance their shared interests,” said Bill Nader, President and CEO of Thoroughbred Owners of California. “To that end, if you benefit from the equine industry in any capacity at all, I encourage you to fill out the following survey links to make your voice heard.”
Click here to learn more about the economic impact study.