U.S Inbound Travel on Pace for Record-setting Year
January 6, 2012
International visitors to the United States spent more than $13 billion on travel and tourism-related activities during October, an increase of 13 percent over the same month in 2010. The U.S. Department of Commerce reports that the October increase put the country’s travel and tourism-related exports on pace to exceed $152 billion for 2011, which would break the record previously set in 2008, before the onset of global economic slowdown.
From January through October, international visitors spent an estimated $126.8 billion on U.S. travel and tourism-related goods and services, an increase of 14 percent when compared to the same period in 2010. For more information, see the chart below or the full release.