How is the travel industry doing? One answer will be offered when statistics on what Americans and foreigners spent on travel and tourism in the United States in the first quarter of 2013 will be released June 24 by the Bureau of Economic Analysis (BEA).
The statistics, part of BEA’s Travel and Tourism Satellite Accounts, provide a breakdown of the various components of travel and tourism spending, including lodging, meals, air travel, and shopping. The statistics will also provide data on employment in the tourism industries.
These statistics will be used to:
• To assess the effects of travel and tourism on the U.S. economy
• To compare national trends to locally observed trends
• To examine the relationship among the travel and tourism industries
• To compare travel and tourism industries to other industries.
These statistics are supported by funding from the Office of Travel and Tourism Industries, International Trade Administration and the U.S. Department of Commerce.