In 2023, 17.9 percent of Black people living in the United States were living below the poverty line, compared to 7.7 percent of white people. That year, the total poverty rate in the U.S. across all races and ethnicities was 11.1 percent. Poverty in the United States Single people in the United States making less than 12,880 U.S. dollars a year and families of four making less than 26,500 U.S. dollars a year are considered to be below the poverty line. Women and children are more likely to suffer from poverty, due to women staying home more often than men to take care of children, and women suffering from the gender wage gap. Not only are women and children more likely to be affected, racial minorities are as well due to the discrimination they face. Poverty data Despite being one of the wealthiest nations in the world, the United States had the third highest poverty rate out of all OECD countries in 2019. However, the United States' poverty rate has been fluctuating since 1990, but has been decreasing since 2014. The average median household income in the U.S. has remained somewhat consistent since 1990, but has recently increased since 2014 until a slight decrease in 2020, potentially due to the pandemic. The state that had the highest number of people living below the poverty line in 2020 was California.

Graph and download economic data for Income Before Taxes: Public Assistance, Supplemental Security Income, SNAP by Race: Black or African American (CXUWELFARELB0905M) from 1984 to 2023 about supplements, assistance, social assistance, public, SNAP, food stamps, African-American, tax, food, income, and USA.

This statistic shows the share of United States citizens by their opinion on the welfare of animals in zoos in 2016, by ethnicity. During the survey, 24 percent of Hispanic respondents stated that they think most zoo animals are treated very well.

The purpose of this study was to provide an appropriate theoretical and empirical approach to concepts, measures, and methods in the study of black Americans. The questionnaire was developed over two years with input from social scientists, students, and a national advisory panel of black scholars. The final instrument is comprehensive, encompassing several broad areas related to black American life. The study explores neighborhood-community integration, services, crime and community contact, the role of religion and the church, physical and mental health, and self-esteem. It examines employment, the effects of chronic unemployment, the effects of race on the job, and interaction with family and friends. The survey includes questions about racial attitudes, race identity, group stereotypes, and race ideology. Demographic variables include education, income, occupation, and political behavior and affiliation. The sample includes 2,107 black United States citizens, 18 years of age or older. A national multistage probability sample was selected. Therefore, the sample is self-weighting and every black American household in the continental United States had an equal probability of being selected. The Murray Research Archive has available numeric file data from the study. A subset of numeric file data comprised of 500 respondents and 152 variables created specifically for use in research methodology and statistics courses is also available. Additional waves of data for this study have been collected and are available through ICPSR.

Graph and download economic data for Income Before Taxes: Social Security, Private & Government Retirement by Race: Asian (CXURETIRINCLB0904M) from 2003 to 2023 about social, retirement, social assistance, asian, tax, government, private, income, and USA.

In 1990, 48.1 percent of all Black families with a single mother in the United States lived below the poverty level. In 2023, that figure had decreased to 25.9 percent. This is significantly higher than white households with a single mother. Poverty is the state of one who lacks a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter.

Graph and download economic data for Income Before Taxes: Public Assistance, Supplemental Security Income, SNAP by Hispanic or Latino Origin: Not Hispanic or Latino: White and All Other Races, Not Including Black or African American (CXUWELFARELB1004M) from 2003 to 2023 about supplements, assistance, social assistance, public, SNAP, food stamps, tax, white, food, latino, hispanic, income, and USA.

In 2023, 15.4 percent of Black families were living below the poverty line in the United States. Poverty is the state of one who lacks a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing, and shelter.

In 2021, there were 168,063 white children in foster care in the United States. This is compared to 86,645 Black or African American children and 85,215 Hispanic children who were in foster care.

Foster care in the United States

Foster care is where minors are taken care of in different institutions, such as a group home or private home of a caregiver certified by the state (called a foster parent). The procedure for becoming a foster parent in the United States varies from state to state. It is up to the state to determine the process; however it is overseen by the Department of Child Protective Services. It is sometimes seen as a precursor to adoption, which is different from fostering a child. There are many barriers to fostering and adopting children, such as high costs and long wait times, which can discourage people from doing it.

Who are foster children?

The number of children in foster care in the United States has decreased slightly since 2011. When looked at by age, most of the children in foster care in 2020 were one year old, and slightly more male children were in foster care than female children. Most of the children in foster care were placed into non-relative foster family homes, and in most cases, the primary goal of foster care is to reunify children with their parents or primary caregivers.

In 2022, the child abuse rate for children of Hispanic origin was at 7, indicating 7 out of every 1,000 Hispanic children in the United States suffered from some sort of abuse. This rate was highest among American Indian or Alaska Native children, with 14.3 children out of every 1,000 experiencing some form of abuse. Child abuse in the U.S. The child abuse rate in the United States is highest among American Indian or Alaska Native victims, followed by African-American victims. It is most common among children between two to five years of age. While child abuse cases are fairly evenly distributed between girls and boys, more boys than girls are victims of abuse resulting in death. The most common type of maltreatment is neglect, followed by physical abuse. Risk factors Child abuse is often reported by teachers, law enforcement officers, or social service providers. In the large majority of cases, the perpetrators of abuse were a parent of the victim. Risk factors, such as teen pregnancy, violent crime, and poverty that are associated with abuse and neglect have been found to be quite high in the United States in comparison to other countries.

Graph and download economic data for Expenditures: Pensions and Social Security by Race: White and All Other Races, Not Including Black or African American (CXUPENSIONSLB0903M) from 2003 to 2023 about social, pension, social assistance, white, expenditures, and USA.

This data collection contains information gathered in the Survey of Income and Education (SIE) conducted in April-July 1976 by the Census Bureau for the United States Department of Health, Education, and Welfare (HEW). Although national estimates of the number of children in poverty were available each year from the Census Bureau's Current Population Survey (CPS), those estimates were not statistically reliable on a state-by-state basis. In enacting the Educational Amendments of 1974, Congress mandated that HEW conduct a survey to obtain reliable state-by-state data on the numbers of school-age children in local areas with family incomes below the federal poverty level. This was the statistic that determined the amount of grant a local educational agency was entitled to under Title 1, Elementary and Secondary Education Act of 1965. (Such funds were distributed by HEW's Office of Education.) The SIE was the survey created to fulfill that mandate. Its questions include those used in the Current Population Survey regarding current employment, past work experience, and income. Additional questions covering school enrollment, disability, health insurance, bilingualism, food stamp recipiency, assets, and housing costs enabled the study of the poverty concept and of program effectiveness in reaching target groups. Basic household information also was recorded, including tenure of unit (a determination of whether the occupants of the living quarters owned, rented, or occupied the unit without rent), type of unit, household language, and for each member of the household: age, sex, race, ethnicity, marital history, and education.

Snapshot img

Horse Racing Market Size 2024-2028

The horse racing market size is forecast to increase by USD 114.5 billion at a CAGR of 14.71% between 2023 and 2028. The market is experiencing significant growth, driven by several key trends and factors. One notable trend is the increasing involvement of younger audiences in horse racing, as evidenced by the rising popularity of events like the Kentucky Derby and the Royal Ascot among millennials. Another trend is the rise in the adoption of online betting platforms, which has made horse racing more accessible and convenient for fans around the world. However, the market also faces challenges, including growing concerns for animal welfare and the potential for regulatory issues in various jurisdictions. Despite these challenges, the horse racing industry continues to thrive, driven by its rich history, tradition, and the excitement of live racing events.

What will be the Size of the Market During the Forecast Period?

Request Free Sample

The market is an age-old tradition that continues to captivate audiences worldwide. This industry encompasses various aspects, including training regimens, professionalism, and the roles of trainers, jockeys, breeders, owners, and bettors. In this analysis, we delve into the key trends and developments shaping the market. The integration of technology advancements, such as Artificial Intelligence, has transformed the industry, making it more accessible and immersive for fans. Horses undergo rigorous training regimens to ensure they are at their best during races. Trainers employ various techniques to optimize their horses' fitness and conditioning, focusing on both physical and mental well-being.

Moreover, Jockeys, too, play a crucial role in maximizing a horse's potential, employing expert riding skills and race strategy. Breeders and trainers prioritize the health and well-being of their horses, adhering to ethical practices and implementing the latest advancements in horse care. This commitment to animal welfare not only benefits the horses but also enhances the reputation of the industry. Fans can now watch races live, place bets online, and access real-time race information from anywhere.

Furthermore, technology advancements, such as artificial intelligence, are being integrated into various aspects of the industry, from race analysis to horse health monitoring. However, there is a growing focus on sustainability and reducing the industry's environmental impact. Initiatives include the use of renewable energy sources at racetracks and the promotion of eco-friendly practices among participants. Breeders invest significant resources in producing top-performing horses, while owners take pride in their horses' achievements.

In addition, the market also offers various opportunities for individuals to invest in horse ownership, making it an attractive proposition for those with disposable income. By staying informed of these trends, industry participants can position themselves for success and contribute to the ongoing growth and innovation of this captivating industry.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Flat racing
  Jump racing
  Harness racing
  Endurance racing


Revenue Stream

  Betting revenue
  Live event revenue
  Broadcasting rights
  Sponsorship and advertising
  Horse sales and breeding


Geography

  North America

    US


  Europe

    UK
    France


  APAC

    Japan


  Middle East and Africa



  South America

By Type Insights

The flat racing segment is estimated to witness significant growth during the forecast period.Flat racing is a popular spectator sport in which horses compete against each other over a set distance, ranging from 402 to 4,828 meters. The majority of these races take place on Turf, surfaces, which are natural grass tracks, although in North America, dirt surfaces, composed of sand and local soil, are more common. With millions of people attending race meetings annually, particularly in the UK, flat racing holds significant cultural and economic importance. This sport is deeply ingrained in the culture, often accompanied by fashion and social gatherings. The thrill of flat horse racing lies in its speed, strategy, and the unique bond between horses and jockeys.

Furthermore, online platforms have revolutionized the way people engage with this dynamic and integral part of the equestrian sports landscape. Horse ownership and breeding have become more accessible, allowing individuals to invest in their passion. Wagering on races has also become easier than ever before, with various online betting sites and apps available. Racetracks offer hospitality experiences, providi

This project sought to investigate a possible relationship between sentencing guidelines and family structure in the United States. The research team developed three research modules that employed a variety of data sources and approaches to understand family destabilization and community distress, which cannot be observed directly. These three research modules were used to discover causal relationships between male withdrawal from productive spheres of the economy and resulting changes in the community and families. The research modules approached the issue of sentencing guidelines and family structure by studying: (1) the flow of inmates into prison (Module A), (2) the role of and issues related to sentencing reform (Module B), and family disruption in a single state (Module C). Module A utilized the Uniform Crime Reporting (UCR) Program data for 1984 and 1993 (Parts 1 and 2), the 1984 and 1993 National Correctional Reporting Program (NCRP) data (Parts 3-6), the Urban Institute's 1980 and 1990 Underclass Database (UDB) (Part 7), the 1985 and 1994 National Longitudinal Survey on Youth (NLSY) (Parts 8 and 9), and county population, social, and economic data from the Current Population Survey, County Business Patterns, and United States Vital Statistics (Parts 10-12). The focus of this module was the relationship between family instability, as measured by female-headed families, and three societal characteristics, namely underclass measures in county of residence, individual characteristics, and flows of inmates. Module B examined the effects of statewide incarceration and sentencing changes on marriage markets and family structure. Module B utilized data from the Current Population Survey for 1985 and 1994 (Part 12) and the United States Statistical Abstracts (Part 13), as well as state-level data (Parts 14 and 15) to measure the Darity-Myers sex ratio and expected welfare income. The relationship between these two factors and family structure, sentencing guidelines, and minimum sentences for drug-related crimes was then measured. Module C used data collected from inmates entering the Minnesota prison system in 1997 and 1998 (Part 16), information from the 1990 Census (Part 17), and the Minnesota Crime Survey (Part 18) to assess any connections between incarceration and family structure. Module C focused on a single state with sentencing guidelines with the goal of understanding how sentencing reforms and the impacts of the local community factors affect inmate family structure. The researchers wanted to know if the aspects of locations that lose marriageable males to prison were more important than individual inmate characteristics with respect to the probability that someone will be imprisoned and leave behind dependent children. Variables in Parts 1 and 2 document arrests by race for arson, assault, auto theft, burglary, drugs, homicide, larceny, manslaughter, rape, robbery, sexual assault, and weapons. Variables in Parts 3 and 4 document prison admissions, while variables in Parts 5 and 6 document prison releases. Variables in Part 7 include the number of households on public assistance, education and income levels of residents by race, labor force participation by race, unemployment by race, percentage of population of different races, poverty rate by race, men in the military by race, and marriage pool by race. Variables in Parts 8 and 9 include age, county, education, employment status, family income, marital status, race, residence type, sex, and state. Part 10 provides county population data. Part 11 contains two different state identifiers. Variables in Part 12 describe mortality data and welfare data. Part 13 contains data from the United States Statistical Abstracts, including welfare and poverty variables. Variables in Parts 14 and 15 include number of children, age, education, family type, gender, head of household, marital status, race, religion, and state. Variables in Part 16 cover admission date, admission type, age, county, education, language, length of sentence, marital status, military status, sentence, sex, state, and ZIP code. Part 17 contains demographic data by Minnesota ZIP code, such as age categories, race, divorces, number of children, home ownership, and unemployment. Part 18 includes Minnesota crime data as well as some demographic variables, such as race, education, and poverty ratio.

In 2023 the poverty rate in the United States was highest among people between 18 and 24, with a rate of 16 percent for male Americans and a rate of 21 percent for female Americans. The lowest poverty rate for both men and women was for those aged between 45 and 54. What is the poverty line? The poverty line is a metric used by the U.S. Census Bureau to define poverty in the United States. It is a specific income level that is considered to be the bare minimum a person or family needs to meet their basic needs. If a family’s annual pre-tax income is below this income level, then they are considered impoverished. The poverty guideline for a family of four in 2021 was 26,500 U.S. dollars. Living below the poverty line According to the most recent data, almost one-fifth of African Americans in the United States live below the poverty line; the most out of any ethnic group. Additionally, over 7.42 million families in the U.S. live in poverty – a figure that has held mostly steady since 1990, outside the 2008 financial crisis which threw 9.52 million families into poverty by 2012. The poverty gender gap Wage inequality has been an ongoing discussion in U.S. discourse for many years now. The poverty gap for women is most pronounced during their child-bearing years, shrinks, and then grows again in old age. While progress has been made on the gender pay gap over the last 30 years, there are still significant disparities, even in occupations that predominantly employ men. Additionally, women are often having to spend more time attending to child and household duties than men.

Graph and download economic data for Income Before Taxes: Social Security, Private & Government Retirement by Hispanic or Latino Origin: Not Hispanic or Latino: White and All Other Races, Not Including Black or African American (CXURETIRINCLB1004M) from 2003 to 2023 about social, retirement, social assistance, tax, white, latino, hispanic, government, private, income, and USA.

According to Cognitive Market Research, the global greyhound racing market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 14.10% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.3% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.1% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.8% from 2024 to 2031.
The race track held the highest greyhound racing market revenue share in 2024.

Market Dynamics of Greyhound Racing Market

Key Drivers for Greyhound Racing Market

Advancement of Technology to Increase the Demand Globally

The greyhound racing market is expanding rapidly due to technological advancements. Innovations in live streaming, digital betting platforms, and data analytics enhance the viewing and betting experience, making the sport more accessible globally. These technologies allow real-time race tracking and personalized betting options, attracting a wider audience and increasing engagement. This tech-driven transformation is essential for the market's growth and sustainability, providing new opportunities for stakeholders across the industry.

Favorable Regulations in Certain Regions to Propel Market Growth

The greyhound racing market is expanding, driven by favorable regulations in regions like Australia and parts of the US. These regulations support the industry's growth by allowing licensed betting, ensuring animal welfare, and promoting transparent practices. Additionally, advancements in digital platforms and increased global betting interest enhance accessibility and audience engagement, contributing to the market's growth prospects.

Restraint Factor for the Greyhound Racing Market

High Initial Cost to Limit the Sales

The greyhound racing market faces significant restraints due to high initial costs, including breeding, training, and maintaining racing facilities. These costs deter new entrants and limit the sport's growth. Moreover, stringent regulations and animal welfare concerns add financial and operational burdens. Despite increasing interest and technological advancements in live betting and streaming, these barriers impede broader market expansion.

Impact of Covid-19 on the Greyhound Racing Market

The Covid-19 pandemic significantly disrupted the greyhound racing market. Lockdowns and social distancing measures led to the suspension of races and closures of tracks, causing substantial revenue losses. Betting activities, a primary revenue source, also plummeted due to fewer events and economic uncertainty. The industry faced operational challenges, including maintaining greyhound welfare and adjusting to changing regulations. However, some tracks adapted by enhancing online betting platforms and the gradual resumption of races helped mitigate the impact, though the market remains in recovery. Introduction of the Greyhound Racing Market

Greyhound racing is a competitive sport where greyhounds chase a mechanically propelled lure around a track with the objective of finishing first. It's popular for both betting and entertainment purposes. The greyhound racing market is growing, driven by rising international interest and improved accessibility. Enhanced digital platforms and live-streaming services have made races more accessible globally, boosting audience engagement and participation. This accessibility, coupled with the increasing popularity of sports betting, is fueling market expansion. Countries like the UK, Australia, and the US are key players, contributing to the market's dynamic growth. Technological advancements and global outreach initiatives continue to attract new fans and bettors, enhancing t...

In 2022, there were about 4.15 million Black families in the United States with a single mother. This is an increase from 1990 levels, when there were about 3.4 million Black families with a single mother.

Single parenthood

The typical family is comprised of two parents and at least one child. However, that is not the case in every single situation. A single parent is someone who has a child but no spouse or partner. Single parenthood occurs for different reasons, including divorce, death, abandonment, or single-person adoption. Historically, single parenthood was common due to mortality rates due to war, diseases, and maternal mortality. However, divorce was not as common back then, depending on the culture.

Single parent wellbeing

In countries where social welfare programs are not strong, single parents tend to suffer more financially, emotionally, and mentally. In the United States, most single parents are mothers. The struggles that single parents face are greater than those in two parent households. The number of families with a single mother in the United States has increased since 1990, but the poverty rate of black families with a single mother has significantly decreased since that same year. In comparison, the poverty rate of Asian families with a single mother, and the percentage of white, non-Hispanic families with a single mother who live below the poverty level in the United States have both been fluctuating since 2002.

In July 2024, 3.16 billion U.S. dollars were paid out in unemployment benefits in the United States. This is an increase from June 2024, when 2.62 billion U.S. dollars were paid in unemployment benefits. The large figures seen in 2020 are largely due to the impact of the coronavirus pandemic. Welfare in the U.S. Unemployment benefits first started in 1935 during the Great Depression as a part of President Franklin D. Roosevelt’s New Deal. The Social Security Act of 1935 ensured that Americans would not fall deeper into poverty. The United States was the only developed nation in the world at the time that did not offer any welfare benefits. This program created unemployment benefits, Medicare and Medicaid, and maternal and child welfare. The only major welfare program that the United States currently lacks is a paid maternity leave policy. Currently, the United States only offers 12 unpaid weeks of leave, under certain circumstances. However, the number of people without health insurance in the United States has greatly decreased since 2010. Unemployment benefits Current unemployment benefits in the United States vary from state to state due to unemployment being funded by both the state and the federal government. The average duration of people collecting unemployment benefits in the United States has fluctuated since January 2020, from as little as 4.55 weeks to as many as 50.32 weeks. The unemployment rate varies by ethnicity, gender, and education levels. For example, those aged 16 to 24 have faced the highest unemployment rates since 1990 during the pandemic. In February 2023, the Las Vegas-Henderson-Paradise, NV metropolitan area had the highest unemployment rate in the United States.

The unemployment rate for people ages 16 to 24 in the United States in 202024 23 was 10 percent. However, this rate was much lower for people aged 45 and over, at 2.9 percent. U.S. unemployment The unemployment rate in the United States varies based on several factors, such as race, gender, and level of education. Black and African-American individuals had the highest unemployment rate in 2021 out of any ethnicity, and people who had less than a high school diploma had the highest unemployment rate by education level. Alaska is consistently the state with the highest unemployment rate, although the El Centro, California metropolitan area was the area with the highest unemployment rate in the country in 2019. Additionally, in August 2022, farming, fishing, and forestry occupations had the highest unemployment rate in the United States Unemployment rate The U.S. Bureau of Labor Statistics is the agency that researches and calculates the unemployment rate in the United States. Unemployment rises during recessions, which causes the cost of social welfare programs to increase. The Bureau of Labor Statistics says unemployed people are those who are jobless, have looked for employment within the last four weeks, and are free to work.