Club Industry Contributed $21B in Direct Economic Impact, Says CMAA
15 January 2015The 2014 Economic Impact Report recently released by the Club Managers Association of America reveals that country, golf, athletic, city and other clubs spend billions on goods and services in their local communities. Additionally, they hire hundreds of thousands of personnel.
The Alexandria, Va.-based Club Managers Association of America (CMAA) recently released its 2014 Economic Impact Report in conjunction with Club Benchmarking. This biannual report details the economic impact of the more than 2,600 clubs managed by members of the CMAA.
The total direct economic impact for the club industry in 2013 was $21 billion, including all tax revenues generated as a result of club activities. Clubs are significant contributors to their local communities, with dense, highly local economic activity. The vast majority of cash flows resulting from purchases, employment, taxes, charitable giving and other economic activities are centered in the community in which the club operates.
Highlights of the full report include:
- Clubs employ 363,000 employees, and club payrolls equal $9.5 billion.
- Clubs serve between 1.8 and 2.1 million members.
- Clubs hosted an estimated 17,000 charitable golf tournaments in 2013, raising an estimated $150 million for those charities.
- The total income for clubs in 2013 was $20 billion.
- Clubs spend $2.8 billion on goods and an additional $2.2 billion on services in their local communities.
- Clubs as a whole pay $2.5 billion in total taxes, $1.7 billion of which are local and state taxes.
The Club Managers Association of America (www.cmaa.org) is the largest professional association for managers of membership clubs, with 6,500 members throughout the United States and around the globe. Manager members operate more than 2,600 country, golf, athletic, city, faculty, military, town and yacht clubs. The objectives of the association are to promote relationships between club-management professionals and similar professions; encourage the education and advancement of members; and provide the resources needed for club managers to operate efficiently and successfully.
For more information on the 2014 CMAA Economic Impact Report, visit www.cmaa.org/surveys.aspx.