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TI News: An information service from the National Travel & Tourism Office (NTTO)
March 04, 2014
U.S. Travel and Tourism Industry Shatters Export Record in 2013
International Visitors Inject a Record-Breaking $181 Billion into the United States Economy
WASHINGTON - U.S. Secretary of Commerce Penny Pritzker announced today that international visitors spent a record-breaking $180.7 billion on U.S. travel and tourism-related goods and services in 2013, an increase of more than 9 percent when compared to 2012. On average, international visitors spent nearly $1.3 billion more a month in the United States than they did the previous year.
“This President is the first-ever to establish a national strategy for increasing travel and tourism here in the U.S., and we clearly have great momentum behind this effort,” said U.S. Secretary of Commerce Penny Pritzker. “Travel and tourism to and within the United States has been a significant contributor to our economic recovery, and this Administration is working to ensure we can reach the President’s goal of attracting 100 million international visitors to the United States by 2021.”
Travel and tourism exports consist of Travel Receipts and Passenger Fare Receipts.
U.S. travel and tourism-related exports now account for more than 26 percent of all U.S. services exports, and nearly 8 percent of total U.S. exports.
In 2012, President Obama launched the National Travel and Tourism Strategy, charting a new course toward making America a more attractive and accessible destination than ever before. The Strategy sets a goal of drawing 100 million international visitors by 2021, which is expected to generate $250 billion annually in visitor spending by 2012. The strategy also encourages more Americans to travel within the United States.
To learn more about U.S. efforts to support the travel and tourism industry, as well as view additional industry-related statistics, please visit: http://travel.trade.gov.
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://travel.trade.gov/outreachpages/download_data_table/Monthly_Exports_Imports_Balance.xlsx >.