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TI News: An information service from the Office of Travel & Tourism Industries (OTTI)
December 28, 2012
United States Travel and Tourism Exports: October 2012
Travel and tourism-related exports outpace imports by more than $40.5 billion through October
The U.S. Department of Commerce recently announced that international visitors spent an estimated $13.9 billion on travel to, and tourism-related activities within, the United States during the month of October - nearly $770 million more (6%) than was spent in October 2011.
International visitors have spent an estimated $139.6 billion on U.S. travel and tourism-related goods and services year to date (January through October), an increase of nearly 10 percent when compared to the same period last.
Americans have spent nearly $99.1 billion abroad year to date (up 9%) - resulting in a $40.5 billion balance of trade surplus for travel and tourism through the first ten months of 2012.
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 >.