GOLF SPENDING TOPS $30 BILLION
NSGA Reserach Newsletter - Volume I, No. 2
The National Golf Foundation (NGF), in its study on 1998 golf consumer spending in the U.S., indicates that total spending on greens fees, practice range fees, food and beverage at golf facilities and golf equipment, apparel, accessories and gifts was slightly more than $30 billion. The NGF study estimates retail spending on golf clubs to have increased from $2.2 billion in 1994 to $3.2 billion in 1998. On average, golfers 18 years of age and older spent $1,212 on golf related services in 1998. Although methodologies are somewhat different, the data reported by the National Golf Foundation is similar to data in the NSGA "The Sporting Goods Market" report and in NSGA Sports Participation studies.
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