Founded in 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

Tourism spending in US surges 8.1 percent

By Jim Puzzanghera, Los Angeles Times –

WASHINGTON — A record number of foreign visitors helped boost overall tourism spending in the U.S. last year 8.1 percent to $1.2 trillion, the Commerce Department said.

Last year’s 62.3 million foreign visitors marked an increase of 4 percent from the previous year. Foreign tourists spent a record $153 billion here, much of it in the last three months of the year, according to new Commerce data Wednesday.

American travelers account for the vast majority of tourism spending in the country. But Commerce Secretary John Bryson touted the increase in foreign visitors, which he said makes travel and tourism the nation’s top service export.

“Every year, tens of millions of tourists from all over the world visit America, and the more visitors we have, the more Americans we get back to work,” Bryson said.

His agency estimated that travel spending supported 7.6 million U.S. jobs last year. In January, President Barack Obama announced new steps to increase tourism in the U.S.

Canada and Mexico sent the most visitors to the U.S. last year. Visits from Canadians were up 5 percent to an all-time high of 21 million, the Commerce Department said. International visits from Mexico were flat last year at 13.4 million, but tourists traveling to the U.S. from overseas increased 6 percent to nearly 27.9 million.

Inflation was a big driver in greater tourism spending, at least for the kinds of items and amenities visitors use most, such as airlines, accommodations, food and drink. Taking into account those higher prices, spending on tourism increased 3.5 percent last year, the Commerce Department said.

Real spending on travel and tourism increased at a 4.6 percent annualized rate for the fourth quarter, up significantly from a 2.6 percent annualized rate for the year-earlier quarter.

0 0 votes
Article Rating
Notify of

Inline Feedbacks
View all comments

Even more news:

Copyright 2024 – Internet Marketing Pros. of Iowa, Inc.
Would love your thoughts, please comment.x