The Vol. 11, No. 1 Pellucid Perspective January 2020 THE CRYSTAL BALL 2 Are there one-armed Economists in the Golf Industry? By Stuart Lindsay INTELLIGENT OPERATOR 5 NGCOA Takes A Stand Against Barter By Harvey Silverman INDUSTRY TRENDS 7 Golf 20/20: Are We There Yet? By Jim Koppenhaver WEATHER IMPACT 10 December posts solid gain, helps counter- seasonal markets BY-THE-NUMBERS 12 November Utilization "W"; Weather up, Rounds up more MARKET FOCUS 14 Boston still over-supplied but posting healthy Utilization COMINGS & GOINGS 16 25 Activities; Closures beat Transactions 11-to-10 www.PellucidCorp.com The Pellucid PersPecTive 1http://www.PellucidcorP.com