Kevin Thistle had a great line when we were discussing a topic for his latest blog here.
When we got chatting about the economy, he said, `Yeah, what’s it been? A couple of weeks?’
I can’t argue with him there, but even before the federal election got underway officially a couple of weeks ago, the topic of recession, with each party jockeying to prove that it’s best to manage the economy, has been a popular topic of conversation.
With this being the longest campaign in history, expect to hear it ad nauseam before it all ends in October.
We won’t actually know officially that we’re in a recession for a few weeks, but for now, it makes for some fiery debate out on the hustings.
It’s no secret that the oil patch is hurting in Alberta and that seems to overshadow the fact that manufacturing in the east isn’t picking up the slack either and that may have as much to do with the policies of provincial governments whose leaders are firing off their own partisan messages in this federal election.
The downturn of 2008-2009 was supposed to be a brutal one and in many parts of the world, it was, but as Thistle point out in is blog, Canada came through it relatively unscathed, so the severity was reduced compared to other countries.
Whether that’s the case this time around remains to be seen, but what strikes me is that the golf industry, one that relies so heavily on discretionary income, has seen rounds played increase this year.
That trend continues in the latest report from the National Golf Course Owners Association Canada here.
Without getting into partisan politics or a debate about whether we’re actually in a recession or not, the question in this week’s GNN Poll is whether you’re seeing any signs of a recession at the golf business where you’re employed?
Are people, perhaps, playing more, but spending less in the pro shop or on food and beverage? If an operation rents its facilities for weddings, banquets etc., is business down on that side of it? If you’re a supplier of any kind, have golf operations begun cutting back?
Is a recession becoming obvious in the golf industry? That’s this week’s question.
You can vote below or on the GNN home page and if you’d like to add more, please do so in the Comments section below.
Are there any signs of a recession showing at the golf business where you’re employed?
- YES (57%)
- NO (43%)