What is the overall estimated economic impact of the sport of golf on the US economy?

The overall estimated economic impact of the sport of golf on the US economy is approximately $190 billion. This figure represents the significant contributions golf makes not only through direct spending at golf courses, retail, and events but also via indirect impacts such as tourism, hospitality, and job creation in related sectors. The golfing industry encompasses a wide range of activities that span beyond just playing the sport, including manufacturing equipment, building and maintaining courses, and hosting professional tournaments, all of which contribute to a substantial economic footprint.

This estimated figure emphasizes the broader implications of golf as both a recreational activity and a significant business enterprise, illustrating how it permeates various levels of the economy, affecting employment, local businesses, and state and federal tax revenues. Understanding this economic impact can help stakeholders in the golf industry make informed decisions about investments, marketing, and development strategies that could further enhance its contribution to the economy.