St Augustine, Florida, United States: We Are Golf – a coalition of the game’s leading associations and industry partners – will announce the new US Golf Economy Report findings on April 24 in Washington, DC.
Based on the latest data available, the study was conducted by GOLF 20/20 and TEConomy Partners. The results will show the total annual economic impact that golf is responsible for in the US.
“Golf continues to be a powerful economic force that helps to propel the nation forward,” said Steve Mona, World Golf Foundation Chief Executive Officer, administrator of GOLF 20/20 and We Are Golf.
“This information highlights the significance golf holds for millions of American workers and their families, who benefit from a robust, healthy industry. We look forward to discussing what is a serious financial boost since the previous review.”
With a briefing at the National Press Club open to national and local media members, Mona and other industry leaders will disclose the newest economic numbers as part of the National Golf Day celebration.
Since 2000, this is the fourth such analysis to measure the game’s positive impact on multiple sectors of the US economy. Several segments of the golf industry were researched, including facility operations, tourism, real estate, supplies, tournaments, associations, charitable events and capital investment.
Last conducted in 2011, the US Golf Economy Report established the total impact of the golf industry to be US$68.8 billion. This industry research is conducted every five years.
As for the 11th annual National Golf Day, it will bring industry leaders to Capitol Hill to meet with Members of Congress, the Executive Branch and federal agencies to discuss golf’s 15,000 diverse businesses, two million jobs impacted, tax revenue creation and tourism value.