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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jun 16, 1966
Page
7
The golf market has grown into a major industry with 8 323 courses, a 3 2 billion capital base, and 7 7 million players. Experts forecast 10 million golfers on 10 000 courses by 1970, while club dues, equipment, pro shop merchandise, and related services push expenditures well into the billions.
The piece outlines how golf supports business and community growth from corporate courses and club memberships to real estate boosts. It cites Minneapolis Honeywell and Minnesota Mining and Manufacturing, Convair in San Diego, and towns like Prescott and Reston as examples of golf spurring land value, development, and municipal revenue while noting risks from market saturation and betting on golf events.
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