Economic Indicators For June Show Across-The-Board Declines
Jul 4, 2015 15:00:48 GMT -5
Post by Evelyn on Jul 4, 2015 15:00:48 GMT -5
Not good news!
Economic Indicators For June Show Across-The-Board Declines
PR
Thoroughbred racing economic indicators released by Equibase Saturday showed that last month’s wagering, purses, race days, races, and starts were down from June 2014 levels.
Wagering in June took the slightest dip, down less than half a percent from last year’s levels. The sharpest decrease was in June starts; there were 28,763 starts last month as compared to 31,368 in June 2014, down 8.30 percent.
There was one area of growth: in second-quarter statistics, wagering was up 3.52 percent from 2014 levels. All other second-quarter stats, however, showed declines.
Statistics for the year-to-date were all down as well.
Economic indicators for June 2015 (charts courtesy Equibase):
June 2015 vs. June 2014
Indicator June 2015 June 2014 % Change
Wagering on U.S. Races* $925,512,755 $927,683,726 -0.23%
U.S. Purses $96,884,024 $104,516,868 -7.30%
U.S. Race Days 497 528 -5.87%
U.S. Races 3,893 4,225 -7.86%
U.S. Starts 28,763 31,368 -8.30%
2nd QTR 2015 vs. 2nd QTR 2014
Indicator 2nd QTR 2015 2nd QTR 2014 % Change
Wagering on U.S. Races* $3,055,547,544 $2,951,674,063 +3.52%
U.S. Purses $291,707,804 $297,979,123 -2.10%
U.S. Race Days 1,368 1,410 -2.98%
U.S. Races 11,072 11,600 -4.55%
U.S. Starts 82,550 86,277 -4.32%
YTD 2015 vs. YTD 2014
Indicator YTD 2015 YTD 2014 % Change
Wagering on U.S. Races* $5,479,192,872 $5,507,622,288 -0.52%
U.S. Purses $494,340,164 $513,423,392 -3.72%
U.S. Race Days 2,283 2,386 -4.32%
U.S. Races 18,805 19,969 -5.83%
U.S. Starts 144,699 150,232 -3.68%
* Includes worldwide commingled wagering on U.S. races.
Economic Indicators For June Show Across-The-Board Declines
PR
Thoroughbred racing economic indicators released by Equibase Saturday showed that last month’s wagering, purses, race days, races, and starts were down from June 2014 levels.
Wagering in June took the slightest dip, down less than half a percent from last year’s levels. The sharpest decrease was in June starts; there were 28,763 starts last month as compared to 31,368 in June 2014, down 8.30 percent.
There was one area of growth: in second-quarter statistics, wagering was up 3.52 percent from 2014 levels. All other second-quarter stats, however, showed declines.
Statistics for the year-to-date were all down as well.
Economic indicators for June 2015 (charts courtesy Equibase):
June 2015 vs. June 2014
Indicator June 2015 June 2014 % Change
Wagering on U.S. Races* $925,512,755 $927,683,726 -0.23%
U.S. Purses $96,884,024 $104,516,868 -7.30%
U.S. Race Days 497 528 -5.87%
U.S. Races 3,893 4,225 -7.86%
U.S. Starts 28,763 31,368 -8.30%
2nd QTR 2015 vs. 2nd QTR 2014
Indicator 2nd QTR 2015 2nd QTR 2014 % Change
Wagering on U.S. Races* $3,055,547,544 $2,951,674,063 +3.52%
U.S. Purses $291,707,804 $297,979,123 -2.10%
U.S. Race Days 1,368 1,410 -2.98%
U.S. Races 11,072 11,600 -4.55%
U.S. Starts 82,550 86,277 -4.32%
YTD 2015 vs. YTD 2014
Indicator YTD 2015 YTD 2014 % Change
Wagering on U.S. Races* $5,479,192,872 $5,507,622,288 -0.52%
U.S. Purses $494,340,164 $513,423,392 -3.72%
U.S. Race Days 2,283 2,386 -4.32%
U.S. Races 18,805 19,969 -5.83%
U.S. Starts 144,699 150,232 -3.68%
* Includes worldwide commingled wagering on U.S. races.