Travel and Tourism Spending in the U.S. Turns Up in First Quarter 2010

Source: Bureau of Economic Analysis

Real spending on travel and tourism increased at an annual rate of 3.9 percent in 2010:1, following a decrease of 1.5 percent (revised) in 2009:4. By comparison, real gross domestic product (GDP) increased 3.0 percent (second estimate) in 2010:1 after increasing 5.6 percent in 2009:4. Travel and tourism prices increased 3.5 percent in 2010:1 after increasing 6.5 percent (revised) in 2009:4.

  • Passenger air transportation spending increased 4.5 percent in 2010:1 after decreasing 9.8 percent (revised) in 2009:4.
  • Accommodations spending turned up, increasing 11.0 percent in 2010:1 after decreasing 7.9 percent (revised) in 2009:4. Accommodations provided the largest contribution to growth in the quarter.
  • Prices for passenger air transportation increased 13.3 percent in 2010:1.

Direct tourism-related employment was unchanged in 2010:1, following a 2.3 percent (revised) decline in 2009:4. By comparison, overall U.S. employment increased 0.2 percent in 2010:1 and decreased 1.3 percent (revised) in 2009:4.

Access complete spending metrics on the website: click here.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


© 2016 Adventure Travel Trade Association · 601 Union Street, Suite 4200 · Seattle, WA 98101 U.S.A. · +1 360.805.3131 · Privacy Policy · Refund Policy