The U.S. golf market constitutes about half of the golf courses in the world, so, the U.S. golf economy will continue to be the driving force in the growth of the game internationally. However, the downturn in the U.S. economy, coupled with the decline in the number of golfers and rounds played forebodes poorly for future international golf development. Golf is a mature market in the U.K., Australia and Japan, in addition to the U.S. Therefore, the global growth of the game and the development of new international markets will likely lag behind the languishing U.S. golf market.
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