• The horse industry contributes $2.9 billion annually to Maryland’s economy, showing a 38% growth from 2017 to 2022 . • It supports over 28,000 jobs, with more than $1.24 billion in wages . • The industry directly contributes $1.05 billion to the state’s GDP, with an additional $713 million in economic value from indirect and induced effects . • Thoroughbred racing is the largest segment, responsible for $664 million in economic impact and 8,900 jobs . • Maryland has over 94,000 horses and ranks number one in horses per square mile in the U.S.
Good work, thank you.
Brandon … thank you again for bringing these stories to us
Good points!
• The horse industry contributes $2.9 billion annually to Maryland’s economy, showing a 38% growth from 2017 to 2022 .
• It supports over 28,000 jobs, with more than $1.24 billion in wages .
• The industry directly contributes $1.05 billion to the state’s GDP, with an additional $713 million in economic value from indirect and induced effects .
• Thoroughbred racing is the largest segment, responsible for $664 million in economic impact and 8,900 jobs .
• Maryland has over 94,000 horses and ranks number one in horses per square mile in the U.S.