Bucking the trends in the racing industry and the economy at large, American Quarter Horse racing indicators showed the industry is holding steady in the face of the biggest economic downturn in decades.

Numbers released by AQHA show that purses in July, compared to the same month last year, held virtually steady with only a fraction of a percent drop. The number of July races was up 1.4 percent to 1,035. Handle saw a slight 1.7 percent drop, from $32.5 million last year to $31.9 million this year.

In comparison, Thoroughbred racing handle in July fell 13.4%, according to Equibase figures, while Thoroughbred purses dropped 7.4% the month.

Year-to-date statistics show total American Quarter Horse purses up 3.9 percent, from $68.1 million to $70.7 million, despite the loss of 45 racing days at Les Bois Park, which is not operating this year, and eight days at Wyoming Downs, which trimmed its 2009 schedule. The total number of races dropped from 5,341 to 5,331, having a partial effect on the 5.7% rise in average purse per race to $13,504. Average earnings per starter have also gone up 3.1% so far this year, and added money has gone up 5.1%, from $55.7 million to $58.6 million. Handle declined 3%, compared to Thoroughbred racing’s year-to-date statistics which show handle declining 10.9%