Home » Statistics & Trends » Currently Reading:

U.S. Travel and Tourism Exports Total $21 Billion in February

April 21, 2017 Statistics & Trends No Comments Email Email
KLM – AMS Top Post

The National Travel and Tourism Office today announced that international visitors spent $21.1 billion in January and $21.0 billion in February on travel to, and tourism-related activities within, the United States setting a new record for U.S. travel and tourism exports. Year-to-date tourism exports totaled a record-setting $42.1 billion for the first two months of 2017, an increase of nearly 3 percent (nearly $1.1 billion) when compared to the same period last year.

International visitors are opening their wallets wider than ever before. Indeed, international visitors are injecting, on average, nearly $715 million a day into the U.S. economy and supporting nearly 1.2 million American jobs.

Monthly Summary

  • Travel Receipts: Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $13.1 billion during February, an increase of nearly 2 percent when compared to February 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 62 percent of total U.S. travel and tourism exports in February.
  • Passenger Fare Receipts: Fares received by U.S. carriers from international visitors totaled $3.3 billion for the month, absolutely unchanged when compared to February 2016. Passenger fare receipts accounted for 16 percent of total U.S. travel and tourism exports in February.
  • 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 nearly $4.7 billion in February, 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 February.

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>.

KLM – Lon Footer Post

Comment on this Article:







Time limit is exhausted. Please reload CAPTCHA.

Platinium Partnership

ADVERTISEMENTS

Elite Partnership Sponsors

ADVERTISEMENTS

Premier Partnership Sponsors

ADVERTISEMENTS

Official Media Event Partner

ADVERTISEMENTS

Global Travel media endorses the following travel publication

ADVERTISEMENTS

ADVERTISEMENTS