Wednesday, September 14, 2016
The leading contributors to the second-quarter acceleration in travel and tourism were “traveler accommodations” and “transportation.” “Traveler accommodations” turned up after two quarters of decline. The acceleration in “transportation” was driven by an upturn in passenger air transportation services.
Total Tourism-Related Employment was 7.6 million jobs in the second quarter of 2016, unchanged from the first quarter, and consisted of 5.4 million (71 percent) direct tourism jobs and 2.2 million (29 percent) indirect tourism-related jobs.
These statistics are from BEA’s Travel and Tourism Satellite Accounts (TTSAs), which are supported by funding from the Office of Travel and Tourism Industries, International Trade Administration, U.S. Department of Commerce. The current-price statistics of direct tourism output were derived from BEA’s annual TTSAs and from current-price quarterly statistics of personal consumption expenditures from the National Income and Product Accounts (NIPAs). The real statistics of direct tourism output were developed using price indexes from the Bureau of Labor Statistics (BLS) and real quarterly statistics of personal consumption expenditures from the NIPAs. The statistics of direct tourism employment were derived from the annual TTSAs from BEA, the Quarterly Census of Employment and Wages (QCEW), and Current Employment Statistics (CES) from BLS.
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