Golf’s impact on U.S. economy reaches $195 billion in 2005

St. Augustine, Fla. — A comprehensive new study, commissioned by the World Golf Foundation’s GOLF 20/20 initiative, has determined that golf in the United States generated $76 billion in direct economic impact in 2005, up significantly from $62 billion five years ago. The study, the 2005 Golf Economy Report, was conducted by SRI International. It was designed by the leadership of GOLF 20/20 as an update to a similar SRI study that measured the U.S. golf economy in 2000.

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