According to the latest data released by the National Travel and Tourism Office (NTTO), in November 2022, international visitors spent more than $15.9 billion on travel to, and tourism-related activities within, the United States – an increase of nearly 57 percent compared to November 2021.
At the same time, Americans spent more than $15.2 billion traveling abroad, yielding an ever-so-slight balance of trade surplus of $703 million for the month.
Year to date (January through November 2022), international visitors have spent more than $146.0 billion on US travel and tourism-related goods and services (up more than 103% when compared to the same period in the previous year), injecting, on average, more than $437 million a day into the US economy.
Composition of Monthly Spending (Travel Exports)
Travel Spending
- Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $8.6 billion in November 2022 (compared to $4.9 billion in November 2021), an increase of 77 percent when compared to the previous year.
- For a pre-pandemic perspective, travel receipts totaled $11.7 billion in November 2019. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to foreign travel.
- Travel receipts accounted for 54 percent of total U.S. travel and tourism exports in November 2022.
Passenger Fare Receipts
- Fares received by U.S. carriers from international visitors totaled $3.2 billion in November 2022 (compared to $1.7 billion in November 2021), an increase of 88 percent when compared to the previous year.
- For a pre-pandemic perspective, the United States exported nearly $3.4 billion in passenger air transportation services in November 2019. These receipts are expenditures by foreign residents on international flights of U.S. air carriers.
- Passenger fare receipts accounted for 20 percent of total U.S. travel and tourism exports in November 2022.
Medical/Education/Short-Term Worker Spending
WHAT TO TAKE AWAY FROM THIS ARTICLE:
- 0 billion on US travel and tourism-related goods and services (up more than 103% when compared to the same period in the previous year), injecting, on average, more than $437 million a day into the US economy.
- Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $8.
- These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to foreign travel.
