Travel and Tourism Satellite Account, 2018
Total tourism-related nominal output increased to $1.87 trillion in 2018, a 7.1 percent increase from $1.75 trillion in 2017. In 2018, total output consisted of $1.09 trillion in direct tourism output and $781.5 billion in indirect tourism output. The 1.72 ratio of total output to direct output in 2018 means every dollar of direct tourism output produced required an additional 72 cents of indirect tourism output.Read the Article
- "U.S. Travel and Tourism Satellite Account for 1998–2018" By Connor Franks and Sarah Osborne - Survey of Current Business November 2019
- Tourism Satellite Accounts 1998-2018
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What is Travel and Tourism?
Measures how much tourists spend and the prices they pay for lodging, airfare, souvenirs, and other travel-related items. These statistics also provide a snapshot of employment in the travel and tourism industries.