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TI News: An information service from the National Travel and Tourism Office (NTTO)
November 19, 2013
International Visitor Spending in the United States: September 2013
Travel and tourism-related exports averaging nearly $500 million a day during September
The U.S. Department of Commerce recently announced that international visitors spent an estimated $14.9 billion on travel to, and tourism-related activities within, the United States during the month of September.
The growth of total U.S. travel and tourism exports continues to outpace the growth of total U.S. services exports; international visitors have spent an estimated $133.5 billion in the United States year to date, an increase of more than 8 percent, while total U.S. services exports increased by 5 percent during the same period. Moreover, the year-to-date increase in total travel and tourism exports accounts for more than 43 percent of the growth of total services exports. Put simply, travel and tourism is driving the proverbial train when it comes to the growth of U.S. services exports.
U.S. resident spending abroad also rose in September, up nearly 4 percent when compared to September 2012. As a result of exports exceeding imports, the United States enjoyed a favorable balance of trade for the month of September—a surplus of nearly $4.6 billion for the month (and a $41.7 billion surplus year to date).
The National Travel and Tourism Office (NTTO) 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 the NTTO site at: < http://travel.trade.gov/outreachpages/download_data_table/Monthly_Exports_Imports_Balance.xlsx >.