Monday, March 23, 2009

Which sports will survive the Recession?

http://weblogs.newsday.com/sports/watchdog/blog/extreme-skiing.jpg

Posted by Stephen Mills; Group1A


Intermediate Skis $800. Intermediate ski boots $450. Ski poles $50. Ski helmet $100. Average single day lift ticket $75. Needless to explain any further, with some simple addition you can see the type of financial means required to participate with the extremely popular sport of skiing. In these times of economic crisis when people are cutting back on simple needs such as eating at restaurants, going on vacations, driving less etc. what is the future of these expensive luxury sports. What is the future of any sport after the recession?

Well into this financial recession, new studies have shown changes in many popular sports. For instance sales in the fishing industry, involving reels, rods, and other fishing equipment have jumped significantly. Other sports such as Soccer, Baseball, Football and running are expected to survive easily through this recession. All these sports require minimal costs and are so deeply rooted in American society to survive the ages.

Researchers believe that “X-Games” style sports such as motocross, skateboarding, extreme skiing and snowboarding may suffer during this recession and take a huge hit across the globe. This is due to the high costs of equipment and the constant replacement and daily expenses of many of the extreme sports.

While many of the sports we have grown up with may become a bit less popular in the upcoming years hopefully they don’t fully disappear and we can continue to enjoy them well into the future.

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