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TI News:An information service from the National Travel & Tourism Office (NTTO)

March 22, 2017 

 

U.S. Travel and Tourism Exports Near $21 Billion in January
International visitors spending $672 million a day experiencing America

WASHINGTON -The National Travel and Tourism Office today announced that international visitors spent more than $20.8 billion on travel to, and tourism-related activities within, the United States in January, an increase of one percent ($220 million) when compared to January 2016.

International visitors spent $246.0 billion on U.S. travel and tourism-related goods and services in 2016, an ever-so-slight decrease (0.10%) when compared to record-setting levels of spending in 2015; conversely, Americans have spent an estimated $158.9 billion abroad, yielding a balance of trade surplus of nearly $87.1 billion for the year.

 

Monthly Summary

  • Travel Receipts: Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $12.8 billion during January, a decrease of 1 percent when compared to January 2016. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to foreign travel.Travel receipts accounted for 61 percent of total U.S. travel and tourism exports in January.

 

  • Passenger Fare Receipts: Fares received by U.S. carriers from international visitors totaled $3.4 billion for the month, a decrease of 1 percent when compared to January 2016.Passenger fare receipts accounted for 16 percent of total U.S. travel and tourism exports in January.

 

  • Medical/Education/Short-Term Worker(1): Expenditures for educational and health-related tourism, along with all expenditures by border, seasonal, and other short-term workers, totaled more than $4.6 billion in January, an appreciable increase of nearly 10 percent when compared to the same period in the previous year. Medical tourism, education, and short-term worker receipts accounted for 22 percent of total U.S. travel and tourism exports in January.

 

 

Source: U.S. Department of Commerce, National Travel and Tourism Office and the Bureau of Economic Analysis.(1)

 

 

 

 

(1)In June 2014 the Bureau of Economic Analysis (BEA) completed the most comprehensive restructuring of the U.S. international economic accounts since 1976 in an effort to bring our international accounts into closer conformity with international guidelines. As a result, BEA now uses a broader definition of travel that includes education-related and health-related travel and expenditures on goods and services by border, seasonal, and other short-term workers. Therefore, all travel and tourism-related trade data have been revised back to 1999. To learn more, please visit:http://travel.trade.gov/pdf/restructuring-travel.pdf

 

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 1999, please visit the NTTO site at:

 

<http://travel.trade.gov/outreachpages/download_data_table/Monthly_Exports_Imports_Balance.xlsx>.