The
game of golf is healthy and growing. The annual impact of golf
course facilities on the U.S. economy is estimated at $18 billion,
including direct and indirect expenditures. Today's mixture
of public and private courses has made golf accessible to more
than 24.5 million golfers who spend 2.4 billion hours, or more
outdoors, playing the 14,500-plus U.S. golf courses.
Golf courses have a dramatic and positive effect on property
values. In some cases, a golf resort can be the attraction that
brings vacationers to a community. Often, golf courses provide
a green oasis in a tract development. Adjoining property values
are enhanced. The golf course also may filter storm water runoff
from developments and effluent water from housing tracts can
be recycled through the golf course and used as irrigation water.