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TI News: An information service from Office of Travel & Tourism Industries (OTTI)
May 10, 2011
United States Travel and Tourism Exports: February 2011
Monthly U.S. Travel and Tourism Exports Continue to Grow
The U.S. Department of Commerce recently announced that international visitors spent an estimated $11.6 billion on travel to, and tourism-related activities within, the United States during the month of February - nearly $970 million more (9%) than was spent in February 2010 - marking the fourteenth straight month of growth in U.S. travel and tourism exports. Travel and tourism-related exports have increased, on average, more than $1.0 billion a month in 2011.
International visitors have spent an estimated $23.3 billion on U.S. travel and tourism-related goods and services year to date (January through February), an increase of 10 percent when compared to the same period last.
Americans have spent just over $17.4 billion abroad year to date (up 4%) - resulting in a $5.9 billion trade surplus for travel and tourism through the first two months of 2011.
The Office of Travel and Tourism Industries (OTTI) is responsible for collecting, analyzing, and disseminating international travel and tourism statistics for the U.S. Travel and Tourism Statistical System. For more monthly travel and tourism-related trade data dating back to 1992, please visit: <http://tinet.ita.doc.gov/outreachpages/download_data_table/Monthly_Exports_Imports_Balance.xls>.