Some 26 million U.S. golfers helped the industry generate $69 billion in revenue in 2011, according to the latest data from market researcher SRI International. While that's down from $76 billion in a 2005 SRI study, it tops revenue from such professional spectator sports as baseball, basketball, football and hockey combined, according to the Census Bureau. Add in the spillover effect on industries such as tourism, and the golf economy expands to $177 billion.
Thursday, August 1, 2013
Golf Revenue Exceeds Combined Revenue of Baseball, Basketball, Football And Hockey
from Bloomberg, "The Real Economic Impact of Golf" by Nikhil Hutheesing:
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