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    The document provides U.S. travel forecasts from 2007 to 2014, including forecasts for real GDP, unemployment rate, consumer price index, travel price index, total travel expenditures in the U.S., total international visitors to the U.S., overseas arrivals to the U.S., and total domestic person-trips. It also provides the annual growth rates for many of these metrics from 2007 to 2014.

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    The document provides U.S. travel forecasts from 2007 to 2014, including forecasts for real GDP, unemployment rate, consumer price index, travel price index, total travel expenditures in the U.S., total international visitors to the U.S., overseas arrivals to the U.S., and total domestic person-trips. It also provides the annual growth rates for many of these metrics from 2007 to 2014.

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    12 views1 page

    Forecast Summary

    Uploaded by

    Sandeep Hivarekar
    The document provides U.S. travel forecasts from 2007 to 2014, including forecasts for real GDP, unemployment rate, consumer price index, travel price index, total travel expenditures in the U.S., total international visitors to the U.S., overseas arrivals to the U.S., and total domestic person-trips. It also provides the annual growth rates for many of these metrics from 2007 to 2014.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 1

    U.S.

    Travel Forecasts
    Updated 11/01/2011

    U.S. Travel Forecasts


    Real GDP ($ Billions)*
    Unemployment Rate (%)
    Consumer Price Index (CPI)**
    Travel Price Index (TPI)**
    Total Travel Expenditures in U.S. ($ Billions)
    U.S. Residents
    International Visitors***
    Total International Visitors to the U.S. (Millions)
    Overseas Arrivals the U.S. (Millions)
    Total Domestic Person-Trips**** (Millions)
    Business
    Leisure

    2007
    13,206.4
    4.6
    207.3
    244.0
    738.6
    641.3
    97.4
    56.0
    23.9
    2,004.5
    494.3
    1,510.2

    Real GDP*
    Consumer Price Index (CPI)**
    Travel Price Index (TPI)**
    Total Travel Expenditures in U.S.
    U.S. Residents
    International Visitors***
    Total International Visitors to the U.S.
    Overseas Arrivals the U.S.
    Total Domestic Person-Trips****
    Business
    Leisure

    2007
    1.9%
    2.9%
    4.5%
    6.1%
    5.1%
    12.9%
    9.8%
    10.3%
    0.2%
    -2.8%
    1.2%

    2008
    13,161.9
    5.8
    215.3
    257.7
    772.9
    662.4
    110.4
    57.9
    25.3
    1,964.9
    461.1
    1,503.8

    2009
    12,703.1
    9.3
    214.5
    241.5
    704.4
    610.2
    94.2
    55.0
    23.8
    1,900.6
    436.5
    1,464.2

    2010
    13,088.0
    9.6
    218.1
    250.8
    758.7
    655.2
    103.5
    59.8
    26.4
    1,965.7
    451.5
    1,514.2

    2011
    13,306.1
    9.1
    224.8
    267.6
    815.2
    704.3
    111.0
    62.3
    27.9
    2,004.9
    457.9
    1,547.0

    2012
    13,585.4
    8.9
    230.1
    272.9
    841.6
    725.4
    116.2
    64.4
    29.0
    2,035.8
    465.7
    1,570.0

    2013
    14,018.9
    7.5
    235.0
    281.9
    877.8
    756.3
    121.5
    66.6
    30.2
    2,072.1
    473.9
    1,598.2

    2014
    14,502.9
    6.2
    239.9
    290.4
    922.0
    791.1
    131.0
    69.9
    31.6
    2,114.0
    481.3
    1,632.7

    2008
    -0.3%
    3.8%
    5.6%
    4.7%
    3.3%
    13.5%
    3.5%
    6.1%
    -2.0%
    -6.7%
    -0.4%

    2009
    -3.5%
    -0.3%
    -6.3%
    -8.8%
    -7.9%
    -14.6%
    -5.1%
    -6.3%
    -3.3%
    -5.3%
    -2.6%

    2010
    3.0%
    1.6%
    3.8%
    7.7%
    7.4%
    10.2%
    8.8%
    11.0%
    3.4%
    3.4%
    3.4%

    2011
    1.7%
    3.1%
    6.7%
    7.5%
    7.5%
    7.2%
    4.1%
    5.9%
    2.0%
    1.4%
    2.2%

    2012
    2.1%
    2.3%
    2.0%
    3.2%
    3.0%
    4.7%
    3.4%
    3.8%
    1.5%
    1.7%
    1.5%

    2013
    3.2%
    2.1%
    3.3%
    4.3%
    4.3%
    4.5%
    3.5%
    4.3%
    1.8%
    1.8%
    1.8%

    2014
    3.5%
    2.1%
    3.0%
    5.0%
    4.6%
    7.8%
    4.9%
    4.6%
    2.0%
    1.6%
    2.2%

    U.S. Travel Forecasts (Growth)

    *Based on chained 2005 dollars.


    **1982-84 = 100
    ***Excludes international visitors' spending on traveling to the U.S. on U.S. flag carriers, and other misc. transportation.
    ****One person trip of 50 miles or more, one way, away from home or including one or more nights away from home.
    Sources: U.S. Travel Association's Travel Forecast Model, BLS, Department of Labor; OTTI, BEA, Department of Commerce.

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