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US real tourism output increased at an
annual rate of 5.5% in the first quarter of 2006, the 14th consecutive
quarter of positive growth, according to data by the U.S.
Bureau of Economic Analysis. By comparison, real gross
domestic product (GDP) grew at an annual rate of 5.3% in the first
quarter of 2006. |
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Prices of tourism goods
and services rose 5.1% in the first quarter of 2006, while the overall
GDP price index rose 3.3% in the first quarter.
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For the year 2005, direct
tourism employment grew 1.5%, same as the overall U.S. employment
growth rate of 1.5% for the year 2005
- Total current-dollar tourism-related
output increased to $1.149 trillion in the first quarter of 2006. It
consisted of:
- $652.0 billion of direct tourism
output - output of goods and services sold directly to
visitors
- $496.6 billion of indirect tourism
output - output of goods and services used to produce what
visitors buy
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