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TI News: An information service from the National Travel & Tourism Office (NTTO)
February 2, 2016
International Visitor Spending in the United States: November 2015
International visitors spending nearly $280 million less a month in the United States
The U.S. Department of Commerce recently announced that international visitors spent an estimated $18.1 billion on travel to, and tourism-related activities within, the United States during the month of November, a decrease of 2 percent when compared to November 2014. Passenger fares remain the strongest downward pull on total travel and tourism exports, down nearly 11 percent year to date (January through November 2015).
Year-to-date international visitor spending totaled $199.0 billion (January through November 2015), a decrease of nearly 2 percent when compared to same period in 2014. Conversely, U.S. residents have spent $142.8 billion traveling abroad year to date, an increase of nearly 8 percent, yielding a $56.2 billion balance of trade surplus for travel and tourism.
(1) In June 2014 the Bureau of Economic Analysis (BEA) completed the most comprehensive restructuring of the U.S. international economic accounts since 1976 in an effort to bring U.S. international accounts into closer conformity with international guidelines. As a result, BEA now uses a broader definition of travel that includes education-related and health-related travel and expenditures on goods and services by border, seasonal, and other short-term workers. To learn more, please visit: http://travel.trade.gov/pdf/restructuring-travel.pdf
The National Travel and Tourism Office (NTTO) is responsible for collecting, analyzing, and disseminating international travel and tourism statistics for the U.S. Travel and Tourism Statistical System. For more monthly travel and tourism-related trade data dating back to 1992, please visit the NTTO site at: