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Wednesday, November 30, 2022
Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App.
The golf business has maintained most of the momentum it picked up during the COVID-19 pandemic.
And the continued strength of this industry — a winner resulting from behavioral changes which took hold during the pandemic — will be one of the more interesting economic subplots to track in 2023.
A new report from analysts at Bank of America Global Research out Tuesday showed an acceleration across rounds played, club sales, and spending at golf courses in October, a surge the firm attributes to Hurricane Ian weighing on September results.
Spending on golf in 2022,…