Maine Golf Economic Impact Study 2023 | Page 35

2024 TOTAL ECONOMIC IMPACT
THE CONTRIBUTIONS OF GOLF TO THE STATE OF MAINE

2024 TOTAL ECONOMIC IMPACT

$ 22.9M

Capital Investments
Direct
Indirect
Induced
$ 18.0M
$ 1.6M
$ 3.3M

$ 125.9M

Golf-related Supplies **
Direct
Indirect
Induced
$ 96.8M
$ 14.1M
$ 15.0M

$ 4.2M

Tournaments & Associations
Direct
Indirect
Induced
$ 3.5M
$ 344K
$ 315K

$ 210.8M

Golf Facility Revenue
Direct $ 146.0M Indirect $ 22.5M
Induced $ 42.3M

$ 527,000,000 Total Economic Impact

( Includes Direct , Indirect , & Induced )

$ 395,500,000 Total Direct Economic Impact

$ 6.4M

Charitable Events
Direct $ 4.9M Indirect $ 744K
Induced $ 781K

$ 143.7M

Golf Tourism
Direct
Indirect
Induced
$ 117.2M
$ 12.1M
$ 14.3M
TOTAL EMPLOYMENT

6,200 Jobs

WAGES & BENEFITS

$ 190.8M

STATE & LOCAL TAXES $ 57.8M

+

$ 13.4M Golf-Related Residential Construction + Property Tax Impact

Direct
Indirect
Induced
$ 9.1M
$ 1.9M
$ 2.3M

Priceless

Golf ’ s Non-Economic Benefits
The Contributions of Golf to the State of Maine | 2023 Impact Report 35