Golf Supply Reports Now Available

Only three periods in U.S. history have seen course openings significantly surpass closings. There was the 1920s boom when a wealth of private clubs were built. The demand for public golf fueled another surge in the 1960s and real estate was the driver for the spike in the 1990s. The rise a century ago was followed by a correction caused by the Great Depression, which led to the closure of a good number of courses. It took 15-20 years to get back to the same level of supply. While there wasn’t a downturn a half-century ago, the current ...