News for the Hospitality Executive |
January 11, 2013 - The
U.S. Department of Commerce recently announced that the growth in U.S.
travel and tourism employment continues to accelerate, increasing 1.3
percent
in the third quarter of 2012. This marks the tenth consecutive quarter
that the
U.S. travel and tourism industry has added jobs.
Source: U.S. Department of Commerce, Bureau of Economic Analysis, U.S. Travel and Tourism Satellite Account (TTSA). The Bureau of Economic
Analysis, through funding provided by the Office of
Travel and Tourism Industries, International Trade Administration, U.S.
Department of Commerce, produces the U.S Travel and Tourism Satellite
Accounts
(TTSAs) from which these estimates were derived.
Travel and Tourism Satellite Accounts form an indispensable statistical instrument that allows the United States to measure the relative size and importance of the travel and tourism industry, along with its contribution to gross domestic product (GDP). Approved by the United Nations in March 2002 and endorsed by the U.N. Statistical Commission, TTSAs have become the international standard by which travel and tourism is measured. In fact, more than fifty countries around the world have embraced travel and tourism satellite accounting as the only comprehensive, comparable, and credible measure of travel and tourism and its impact on national economies. For more information on TTSAs, please visit: http://tinet.ita.doc.gov/research/programs/satellite/index.html To view the Q3 2012 release in its entirety, visit: http://www.bea.gov/newsreleases/industry/tourism/2012/pdf/tour312.pdf The Office of Travel and Tourism Industries (OTTI) is responsible for collecting, analyzing, and disseminating international travel and tourism statistics for the U.S. Travel and Tourism Statistical System. For more travel and tourism-related trade data dating to 1992, please visit: http://tinet.ita.doc.gov/outreachpages/download_data_table/Monthly_Exports_Imports_Balance.xls |
Contact: U.S. Department of Commerce International Trade Administration Office of Travel and Tourism Industries (OTTI) 1401 Constitution Avenue, NW, Room 1003 Washington, DC 20230 Phone: (202) 482-0140 Fax: (202) 482-2887 Email: [email protected] |