This week is National Travel & Tourism Week...
here are a few Travel Facts
Travel and tourism is one of America’s largest industries
- Generated $2.0 trillion in economic output, with $855.4 billion spent directly by domestic and international travelers that spurred an additional $1.1 trillion in other industries.
- Directly generated $129 billion in tax revenue for local, state and federal governments.
- Each U.S. household would pay $1,060 more in taxes without the tax revenue generated by the travel and tourism industry.
- Direct spending by resident and international travelers in the U.S. averaged $2.3 billion a day, $97.6 million an hour, $1.6 million a minute and $27,125 a second.
Travel and tourism is America’s largest services export industry
- $168.1 billion in travel exports (including traveler spending in the U.S. and international passenger fare payments to U.S. carriers) and the...
- $118.1 billion in travel imports (including U.S. resident spending abroad and international passenger fares paid to foreign carriers) creates...
- $45 billion in balance of travel trade surplus for the U.S.
Travel and tourism is one of America’s largest employers
- Supported 14.6 million jobs, including 7.7 million directly in the travel industry and 6.9 million in other industries.
- 1 out of every 8 jobs in the U.S. depends on travel and tourism.
- Generated $200.9 billion in payroll for those employed directly in U.S. travel.
- Travel is among the top 10 industries in 48 states and D.C. in terms of employment.
For more information on how Tourism effects
our economy see the link below:
http://www.ustravel.org/sites/default/files/page/2009/11/US_Travel_Answer_Sheet_March_2013.pdf
Source: www.ustravel.org
Source: www.ustravel.org
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