According to newly released data from the Commerce Department, international visitors traveling to the United States pumped an estimated $11.7 billion into the U.S. economy during the month of September, up $1.7 billion compared to the same period last year. This marks the fifth month of double-digit growth and ninth straight month of overall growth in U.S. travel and tourism exports. Total travel and tourism-related exports have increased, on average, $1.2 billion a month in 2010.
“Travel and tourism continues to be one of the bright spots in our economy,” Locke said. “Continued growth in the tourism sector will help us achieve our goal of doubling exports over the next two years.”
- Travel Receipts: Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $9.0 billion during September, an increase of 15 percent when compared to last year. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to foreign travel.
- Passenger Fare Receipts: Fares received by U.S. carriers (and U.S. vessel operators) from international visitors increased by nearly 27 percent to $2.7 billion for the month, an increase of $575 million when compared to September 2009.
International visitors have spent an estimated $100 billion on U.S. travel and tourism-related goods and services year to date (January through September), an increase of 11 percent when compared to the same period last year.
Americans have spent nearly $77.4 billion abroad year-to-date (up four percent)—resulting in a $22.6 billion trade surplus for travel and tourism through the first nine months of 2010.