A shrinking middle class with lower disposable income will kill golf sales. The labor force participation rate keeps on falling. More and more Americans are no longer working. Check out how all the retailers are missing their estimates this QTR and guiding lower. It's not because of the weather either.
Golf is an expensive sport to play, so the masses are cutting back on playing. They have too. Most of the problem is due to the high costs of Obamacare. Just wait until next year when businesses have to comply with Obamacare. Most businesses will cancel heath care plans for their workers and send them to the health care exchanges. Thats when the SHTF.
blueskyys: Obamacare? Really? What hurts golf sales? More golfers quit playing due to old age or death, and are not being replaced by young people taking up the sport. Auto sales and appliance sales are doing very well. Yes, these items are big ticket purchases, much more so than golf. Don't blame Obama for trying to get more people to have health care coverage on golf sales declines.