Goal.com Teams Up With China's Baidu West Ham Gets Green Light Tottenham To Play At Wembley Image Rights Delay Mourinho Move AFC Wimbledon Hoping For Review Arsenal Breaks £100M Barrier FA Calls Plan 'Recipe For Disaster' Budweiser's McGregor Ad Breaches Code Finance Notes Adidas To Cash In On Mourinho At ManU
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
May 31 - Jun 2
SBD Global/June 7, 2013/Finance
Golf A Billion Dollar Business For Scotland, Employs More Than 20,000 People
Published June 7, 2013
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
DRIVING FORCE: In Glasgow, David Ross reported the research concludes that "once costs are taken into account, golf directly contributes" £496M ($773M) to Scotland's gross domestic product (GDP) annually, "equivalent to 0.4% of the country's total economic output." Scottish Golf Union CEO Hamish Grey said, "This report clearly demonstrates the significant value of golf to Scotland's economy. Comparing it to other industries, we can now see for the first time that, for example, golf's direct contribution to GDP is 89% that of fishing and fish farming, and 83% of air transport" (HERALD SCOTLAND, 6/5).