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Economy
In reply to the discussion: Weekend Economists Waiting for FDR July 13-15, 2012 [View all]xchrom
(108,903 posts)51. U.S. travel and tourism on pace to set spending record
http://www.latimes.com/business/money/la-fi-mo-tourism-spending-record-20120713,0,5946576.story
The U.S. travel and tourism industry is on pace for a record-setting year, the U.S. Department of Commerce announced Friday.
International visitors spent an estimated $68.4 billion traveling to and spending time in the United States in the first five months of this year, an increase of 12% from the same period last year, the Commerce Department reported.
Americans spent nearly $50 billion on travel and tourism abroad in that time creating an $18.4-billion trade surplus, the agency reported.
In May, international visitors spent about $13.9 billion on travel to and tourism-related activities within the United States, up 8% from the same month last year, according to the federal agency.
The U.S. travel and tourism industry is on pace for a record-setting year, the U.S. Department of Commerce announced Friday.
International visitors spent an estimated $68.4 billion traveling to and spending time in the United States in the first five months of this year, an increase of 12% from the same period last year, the Commerce Department reported.
Americans spent nearly $50 billion on travel and tourism abroad in that time creating an $18.4-billion trade surplus, the agency reported.
In May, international visitors spent about $13.9 billion on travel to and tourism-related activities within the United States, up 8% from the same month last year, according to the federal agency.
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