Stat Snapshot: Adding Up the U.S. Travel Trade Surplus
Skift Take
The U.S. continues to attract more tourism spend than it loses, despite increased travel abroad, highlighting the industry's importance in the country's long-term tourism growth.
The U.S. has attracted more tourism dollars than its residents have spent overseas for at least 14 years, according to data released last month by the Office of Travel and Tourism Industries.
Exports -- which includes money spent by foreigners on passenger airfares, local transportation, food, gifts, entertainment, medical care, and education -- consistently outweighs imports -- money spent by Americans on the same travel costs overseas.
The monthly balance of trade surplus has swayed bet
