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INTERNATIONAL VISITORS SPEND $19.2 BILLION IN AUGUST 2014

Publish Date: 
Tuesday, October 7, 2014

For Immediate Release: October 7, 2014
Contact: Tim Truman (202) 482-3809

INTERNATIONAL VISITORS SPEND $19.2 BILLION IN AUGUST 2014
International visitors inject nearly $620 million a day into U.S. economy in August

WASHINGTON – U.S. Under Secretary of Commerce for International Trade Stefan M. Selig today announced that international visitors to the United States spent $19.2 billion on travel to, and tourism-related activities within, the United States in August 2014, an increase of nearly 6 percent when compared to August 2013. International visitors have spent nearly $150 billion on U.S. travel and tourism-related goods and services year to date, an increase of more than 5 percent when compared to the same period in 2013.

“Travel and tourism continues to be a leading industry sector in the U.S. economy, supporting businesses and more than 7.7 million jobs in local communities across America,” Selig stated. “Today’s data indicate that we are making positive strides toward achieving President Obama’s National Travel and Tourism Strategy goal of attracting 100 million international visitors and generating $250 billion in visitor spending annually by the end of 2021.”

Travel Receipts: Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $12.0 billion during August, an increase of more than 3 percent when compared to last year. Travel receipts accounted for 62 percent of total U.S. travel and tourism exports for August.
Passenger Fare Receipts: Fares received by U.S. carriers from international visitors totaled $3.8 billion for the month, an increase of nearly 13 percent when compared to August 2013. Passenger fare receipts accounted for 20 percent of total U.S. travel and tourism exports for August.
Medical/Education/Short-Term Worker:  Expenditures for educational and health-related tourism, along with all expenditures by border, seasonal, and other short-term workers, totaled nearly $3.4 billion in August, an increase of 5 percent when compared to the same period last year. Medical tourism, education, and short-term worker receipts accounted for nearly 18 percent of total U.S. travel and tourism exports for August.

Source: U.S. Department of Commerce, Bureau of Economic Analysis
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 our 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.

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International Trade Administration

The International Trade Administration (ITA) is the premier resource for American companies competing in the global marketplace. ITA has 2,400 employees assisting U.S. exporters in more than 100 U.S. cities and 75 countries worldwide. For more information on ITA visit www.trade.gov.