Study of 280 facilities in the state cites impact of 11,000 jobs responsible for over $218M in annual wage income.
A recently completed study found that the golf industry in Kentucky generates $710.1 million in economic impact and supports 11,000 jobs annually, according to a report by The Business Journals on www.bizjournals.com
The Kentucky Golf Economy Report was prepared by SRI International, an Arlington, Va.-based nonprofit research institute and presented to local, state and industry officials in late May, during the Senior PGA Championship when it was held at Valhalla Golf Club in Louisville.
The report, which examined Kentucky’s 280 golf facilities in 2009, determined that the golf industry is responsible for $218.7 million of annual wage income in the state.
“Golf is more than just an enjoyable pastime in Kentucky – golf courses benefit communities as revenue and tax sources, green space, wildlife and plant sanctuaries, among other issues,” Kentucky PGA Section president Steven Shafer said in a news release issued with the report. “There is an inherent benefit to the community that comes from the positive financial, social and environmental impact of a golf course.”