Research and Ratings

U.S. Golf Economy Down During Period Of '05-11, With New Course Construction Slowing

1.15.2013

The U.S. golf economy generated $68.8B worth of goods and services in ’11, down from an estimated $75.9B in ’05, according to data compiled by SRI Int’l in its Golf Economy Report. The 9.4% drop primarily reflects a contraction in golf real estate and capital investment, which includes new course construction. Relative strength during the ’05-11 period included core golf facility operations, tournaments/associations and golf-related travel. Since SRI’s previous report in ’05, the total number of traditional golf facilities contracted slightly from 16,052 to 15,751 in ’11 (SRI Int’l).

SIZE OF THE U.S. GOLF ECONOMY BY INDUSTRY SEGMENT
CATEGORY	'00	'05	'11
Golf facility operations	$20.50B	$28.05B	$29.85B
Golf course capital investment	$7.81B	$3.58B	$2.07B
Golfer supplies	$5.98B	$6.15B	$5.64B
Endorsements, tournaments, associations	$1.29B	$1.68B	$2.05B
Charities	$3.20B	$3.50B	$3.90B
Real estate	$9.90B	$14.97B	$4.75B
Hospitality/tourism	$13.48B	$18.00B	$20.56B
TOTAL GOLF ECONOMY	$62.17B	$75.94B	$68.81B

PREVIOUS Names In The News NEXT Classified Advertisements

SPONSORED CONTENT

ADDITIONAL SECTIONS

PODCASTS

SBJ Morning Buzzcast: May 10, 2024

May 10, 2024

Start your morning with Buzzcast with Austin Karp: A very merry NFL Christmas on Netflix? The Braves and F1 deliver for Liberty Media investors; the WNBA heads to Toronto; and Zelle gets in on team sports sponsorship.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

May 8, 2024

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

April 23, 2024

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

SBJ TV

Sports Media Podcast April 24 Whos Up Whos Down

4 mins

Sports Media Podcast April 17 2024 The Big Get Molly Solomon

5 mins

Sports Media Podcast March 27 2024

29 mins

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2013/01/15/Research-and-Ratings/Golf-economy.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2013/01/15/Research-and-Ratings/Golf-economy.aspx