Here’s a news item from last month…
New York Golf Economy Report, commissioned by GOLF 20/20 for the New York Alliance for Golf Task Force and prepared by SRI International found that the golf industry is a major economic force in New York State . The study was released March 10, in Albany, N.Y., in conjunction with the New York State Turfgrass Association’s Advocacy Day.
The host of four U.S. Open Championships in the past ten years, New York has a deep history with the sport of golf. Home to over 800 courses and birthplace of USGA and the PGA of American New York and golf have long a history.
Here are some highlights from the report:
- Total economic impact of $5.3 billion
- 56,600 jobs
- $1.6 billion of wage income.
- Charitable giving attributed to the game of golf in New York approached $125.6 million in 2007
- New York’s 818 golf courses, 64 stand-alone ranges and 86 miniature golf facilities generated more than $1.5 billion of revenues.
- New York’s 38 golf resorts and nine annual championships spurred $520.2 million of golf-related tourism spending
- Out-of-state shipments by New York golf apparel and equipment manufacturers and magazine publishers were approximately $352.3 million
The New York Golf Economy Report is supported by the New York Alliance for Golf Task Force is made up of following associations: Metropolitan and New York State Chapters of the Club Managers Association; Long Island, Hudson Valley and Metropolitan Golf Course Superintendents Association Chapters; Metropolitan Golf Association (MGA); the New York State Golf Association (NYSGA); the New York State Turfgrass Association (NYSTA); the Central, Metropolitan, Northeastern and Western New York PGA Sections and certified public accounting firm Condon O’Meara McGinty & Donnelly.
The report, prepared by SRI International, was commissioned by GOLF 20/20. The continued health and growth of the golf industry has a direct bearing on jobs, commerce, economic development and tax revenues.