Published on : Saturday, August 12, 2017
For the first time ever since 2009, international visitor number along with their spending in the United States has decreased, as per the statistics released by the US Department of Commerce on Friday.
Last year, approximately 75.6 million overseas visitors undertook stateside, marking a two percent drop from the previous year. Side by side, their spending dropped by one percent as well. People traveling to the US for medical, business, education or leisure purposes have been depicted in the account of figures. So far, travel and tourism industry has been identified as the largest services export out of the US, including 33 percent of services exports and 11 percent in general.
As per the statistics released by the department, this year, preliminary data has shown an increase in visitor numbers.
US visitations as well as spending from nations like China ($33 billion), Mexico ($20.2 billion), India ($13.6 billion) and South Korea ($8.6 billion) have grown whatsoever, but decreased in other top markets.
Though Canada sends majority of the visitors to the US, on the whole, visitors from there have dropped to six percent year-on-year for three at a stretch.
In terms of tourism spending, the US upholds a surplus of $84 billion. This means that overseas visitors spend more in US than what Americans spend outside. As per the Commerce Department statistics, the US tourism industry accounts for 2.7 percent of GDP and 7.6 million jobs.