27 January 2013

United States Travel and Tourism Exports

TI News: An information service provided by the Office of Travel & Tourism Industries
From my newsfeed from (http://tinet.ita.doc.gov/)
January 25, 2012
United States Travel and Tourism Exports: November 2012
Year-to-Date U.S. Travel and Tourism Exports Already Exceed Annual Record
The U.S. Department of Commerce recently announced that international visitors spent an estimated $14.1 billion on travel to, and tourism-related activities within, the United States during the month of November - nearly $1.3 billion more (10%) than was spent in November 2011.
  • Travel Receipts: Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $10.8 billion during November, an increase of nearly 11 percent when compared to last year. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to foreign travel.
  • Passenger Fare Receipts: Fares received by U.S. carriers (and U.S. vessel operators) from international visitors increased 7 percent to $3.3 billion for the month, following an increase of 2 percent in October. U.S carriers have received more than $36 billion from international visitors through November 2012, the strongest year-to-date performance on record.
International visitors have spent an estimated $153.8 billion on U.S. travel and tourism-related goods and services year to date (January through November), an increase of nearly 10 percent when compared to the same period last. In fact, U.S. travel and tourism exports through November have already exceeded the record-setting annual total from last year.
Americans ave spent more than $108.5 billion abroad year to date (up 8%) - resulting in a $45.2 billion balance of trade surplus for travel and tourism through November 2012.

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