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Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes

How Stagflation Is Reshaping the Golf Industry

Episode 81 of Stagflation Conversations with Fexingo dives into how high inflation and sluggish growth are hitting the golf industry. Lucas and Luna explore why course closures are accelerating, rounds played are down 8% year-over-year, and equipment makers like Callaway and Titleist are getting squeezed. They also look at the counterintuitive boom in high-end golf travel and luxury club memberships—arguing that stagflation is bifurcating the sport into a premium bubble and a mass-market decline. Specific data on course operating costs, water bills up 22% since 2024, and the shift in consumer…

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