Golf’s impact on the U.S. economy is valued at US$75.9-billion, the report says, although that takes into account not just spending on golf clubs and public-course rounds but also US$3.5-billion spent on golf-related charitable giving (think charity-golf tournaments) and nearly US$15-billion spent on houses built near golf courses.
$73.9 Motion pictures and videos
$64.7 Spectator sports
And here is the breakdown of items that make up golf’s US$75.9-billion impact.
$28.052 Golf course operation
$18,001 Hospitality and tourism
$14,973 Real estate
$6,151 Golf equipment and supplies
$3,578 Golf course capital investment
$1,682 Endorsements, tournaments and associations