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Teeing Off
February 22, 2010
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February 22, 2010

Teeing Off

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SHAFTS

TrueTemper

Dynamic Gold S400

ON THE NUMBER

Last Resort

The number of golf rounds played in the U.S. in 2009 was down 1.1% from 2008, not surprising and not too bad considering the state of the economy. But that statistic doesn't tell the entire story. When the market is broken down into four categories of courses (below) it becomes clear that three of the segments were flat or only very slightly down, while the fourth segment dragged down the whole.

[The following text appears within a chart. Please see hardcopy or PDF for actual chart.]

DAILY FEE/SEMI-PRIVATE -0.4

MUNICIPAL -1.2

PRIVATE -2.0

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