Texas Golf Association, Since 1906
Texas Golf Association, Since 1906

Texas Golf Industry Boosts State Economy

Texas Golf Industry Boosts State Economy

DALLAS—The $4.2 billion Texas golf industry in 2012 generated a total economic impact of $6.2 billion and supported more than 80,000 statewide job with wage incomes of more than $2 billion, according to a recent economic and environmental impact study.

Commissioned by GOLF 20/20 for the Texas Alliance for Golf, SRI International in May released the 55-page report on the economic and environmental influences on Texas as a whole. The findings showed with 906 golf facilities – 819 golf courses and 87 stand-alone driving ranges – golf is an important industry that contributes to the strength of the Texas economy. As a multibillion industry, golf’s link to tourism, residential construction and retail sales creates a similar impact on the state’s vitality as aerospace product/parts manufacturing ($4 billion) and soft drink manufacturing ($4.3 billion).

The report indicated growth in a direct impact on the state’s economy, but it also showed a decline in total impact from GOLF 20/20’s 2006 study. Several factors outside the golf industry were cited for the decline, including the contraction of real estate, new course construction and overall housing market, as well as the financial crisis that resulted in the 2007-09 nationwide recession. In 2006, the Texas golf industry had a total economic impact of $7.8 billion that supported 103,842 jobs with $2.5 billion of wage income.

On the environmental side, water remains a critical resource for golf facilities in Texas, the second-most populated state in the country. With more than 26 million residents, stewardship of land and the use of water are paramount to the golf industry and local communities it serves. While Texas golf courses represent 2.4% of the state’s turfgrass, they only account for approximately 1% of its total diverted water. Further, golf facilities generate a significantly higher economic return per acre/foot of water used, which results in increased economic output, more jobs and higher income for state residents.

The Texas Golf Alliance was formed in 2007 when a number of the state’s golf industry leaders banded together. The purpose of the joint venture was to finance, produce and distribute an economic study detailing the impact golf has on Texas. Members of the Texas Golf Alliance include the Texas Golf Association, Northern and Southern Texas Sections of the PGA, Texas Alliance of Recreational Organizations (TARO), Lone Star Chapters of the Club Managers Association of America and Golf Course Superintendents Association of America.

Golf 20/20, a division of the World Golf Foundation, and SRI International, an independent, nonprofit research institute, conducted the study. They’ve done a number of these studies and have developed a standardized framework to accurately quantify the impact and importance of golf to states’ economies. Their model accepts data provided by state and federal sources. It covers a wide range of components, including basics like green fees and equipment sales, as well as employment and tax revenue and golf’s impact on real estate, travel and tourism.

To view the full report, please click here

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