Jimmy Winemiller is an accomplished, large-scale farmer who owns and manages farms in multiple states. He has also been active in the horse industry as a thoroughbred enthusiast. The previous owner of the thoroughbred farm Iron Horse Farm in Arizona, Jimmy Winemiller has bred and raised champion thoroughbreds.
In early 2018, the American Horse Council (AHC) Foundation released the results of its 2017 National Impact Study, which updates the foundation’s 2005 Economic Impact Study. The report noted that the horse industry’s direct economic impact on the US economy was around $50 billion, and that it directly provided 988,394 jobs. The industry was also responsible for $38 billion in direct salaries, wages, and benefits.
The horse industry’s impact trickles down to other economic sectors, and the estimated total horse industry contribution to the US economy amounted to $122 billion. This figure was $20 billion more compared to the 2005 study. Meanwhile, the industry’s total employment impact stood at 1.74 million jobs. The updated figures are important for the AHC to gain added attention in the nation’s capital. Through the study, the AHC hopes the general American public will become aware of the horse industry’s significant contribution to the economy.
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