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U.S INDUSTRY RESEARCH
MEASURING ECONOMIC IMPACT
Golf is so much more than just a game. It is a significant
industry, a major contributor to the American economy and to the
economic vitality of individual states. GOLF 20/20 published its
first national report in 2002, which demonstrated that golf in 2000
was a $62 billion industry, bigger than the motion picture and
recording industries combined. A follow-up report in 2007 confirmed
that golf had grown to become a $76 billion industry, with a total
impact on the U.S. economy in 2005 of $195 billion.
Additionally, the recent report indicates that golf is responsible
for contributing about $3.5 billion annually to charities across
the country, more than any other sporting activity.
In 2006, along with research partner SRI International, GOLF 20/20
developed a template with which individual states can affordably
quantify golf's impact on their economy; to date 20 states
have used or are currently using this template, and the resulting
reports have been successful in establishing golf as a critical cog
in the state's economic engine.
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