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TI News: An information service from Office of Travel & Tourism Industries (OTTI)
July 25, 2011
United States Travel and Tourism Exports: May 2011
Record-Setting International Visitor Spending in the United States
The U.S. Department of Commerce recently announced that international visitors spent a record-breaking $12.6 billion on travel to, and tourism-related activities within, the United States during the month of May - $1.4 billion more (12%) than was spent in May 2010 - marking the seventeenth straight month of growth in U.S. travel and tourism exports. Travel and tourism-related exports have increased, on average, nearly $1.4 billion a month in 2011.
International visitors have spent an estimated $61.0 billion on U.S. travel and tourism-related goods and services year to date (January through May), an increase of 13 percent when compared to the same period last year. In fact, the U.S. travel and tourism industry is on pace for a record-setting year for travel and tourism-related exports.
Americans have spent nearly $44.5 billion abroad year to date (up 6%) - resulting in a $16.5 billion trade surplus for travel and tourism through the first five 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>.