n august, a USA Today business article stated that the prolonged recession has had a negative impact on the nation’s golf
economy and that many private clubs and courses around the
country were in danger of bankruptcy.
to be sure, the economy has had a...
More
n august, a USA Today business article stated that the prolonged recession has had a negative impact on the nation’s golf
economy and that many private clubs and courses around the
country were in danger of bankruptcy.
to be sure, the economy has had a negative impact on golf, in
addition to several prolonged periods of bad weather, over the past
two years.
It often takes a public course two good months to recover
from one month of bad weather.
In texas, rounds played are down 15.
4 percent over the past two
years.
that is the highest declines in the country, followed closely
by Colorado (15.
2 percent), hawaii (13.
2 percent) New mexico
(13.
2 percent) and oklahoma (12.
6 percent).
Pga of america president Joe steranka, however, points
out that overall rounds played at all facilities were down only 0.
1
percent from 2008 to 2009 and just 3.
4 percent from 2009 to 2010.
Perhaps the most notable decline nationally is the drop in golf
revenue.
While rounds have been fairly stable,
Less
