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International visitors injected more than $251B into the U.S. economy in 2017

Today, the U.S. Department of Commerce International Trade Administration’s National Travel and Tourism Office (NTTO) announced that the United States welcomed nearly 77 million international visitors into the country, who collectively spent a record-setting $251.4 billion experiencing the United States in 2017, a two percent increase when compared to 2016. Over the course of 2017, travel and tourism exports helped support more than 1.2 million American jobs across the United States.

International travelers continue to set spending records visiting the United States, and I expect that trend to continue in 2018 spawning further job growth,” said Secretary of Commerce Wilbur Ross. “The American tourism industry, which generated a trade surplus of more than $77.4 billion last year, continues to help drive our economy to new heights.

U.S. travel and tourism-related exports accounted for nearly 32 percent of all U.S. services exports and 11 percent of all U.S. exports, with goods and services combined.

Spending on personal travel including leisure, education and health-related travel as well as passenger air transportation increased 3.1 percent and 3.4 percent, respectively. Education-related travel, in and of itself, accounted for nearly two-thirds (65 percent) of the increase in personal travel.

The number of international travelers to the United States rose 0.7 percent in 2017 compared to the previous year.  Growing markets were led by South Korea (+17.8 percent), Brazil (+11 percent), Argentina (+10 percent), Ireland (+9 percent), and Canada (+4.8 percent).  Growing markets outnumbered declining markets by 2-to-1.

On April 9, 2018, NTTO temporarily suspended publication of overseas arrivals data due to anomalies in records received from U.S. Customs and Border Protection (CBP). Together, the NTTO and CBP identified approximately 4.5 million records that had been misclassified with respect to residency, due to a programing error. The misclassification had not been identified until it became apparent that the records were not reflecting trends consistent with other indicators of overseas travel to the United States.

The data has been revised for 2016 and 2017 and has been posted to the NTTO website:  https://travel.trade.gov.

Words: Lucy Masko
Photos: Pixabay