US government shutdown costing America’s travel sector enormously

Published on : Sunday, October 13, 2013

US shutdownThe travel industry incurs a loss of $152 million a day in economic output in US due to the current government shutdown, says the US Travel Association further adding that it also affects as many as 450,000 workers supported by the travel industry.

 

“Every day the government is shut down is another $152 million down the drain and another day of financial insecurity for as many as 450,000 U.S. workers whose livelihoods are supported by travel,” U.S. Travel CEO Roger Dow said in a news release.

 

The Association sent the figures to Congress and President Barack Oabama.

 

Travel sector has been one of the principal drivers of U.S. economic recovery but the shutdown has throttled the sector causing huge loss.

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