According to an independent report by Sheffield Hallam University’s Sport Industry Research Centre (SIRC), funded by The R&A, consumer spending on golf grew 20 percent in current prices from 2014 to 2019, which is real terms growth of 8 percent after accounting for inflation. The U.K. golf industry employs 63,826 full-time equivalent employees in the country, representing an 18 percent growth in real terms since 2014. The report was authored by professors Simon Shibli and Larissa Davies of Sheffield Hallam University.