U.S. Travel and Tourism Satellite Account for Economic Measurement

The Travel and Tourism Satellite Account measures tourist spending on lodging, airfare, souvenirs, and other items, providing a snapshot of employment in related industries. It is published by the U.S. Department of Commerce and was last updated in July 2022.

Use Cases

• Analyze tourist spending patterns across categories like lodging and airfare to understand market demand.
• Measure the economic contribution of travel and tourism industries to national employment.
• Track price changes for travel-related items such as souvenirs to monitor inflation in the tourism sector.

Strengths

• Data is produced by the authoritative U.S. Department of Commerce.
• Covers multiple facets of tourism economics, including spending and employment.
• Last updated in July 2022, indicating relatively recent figures.

Limitations

• Specific data granularity, such as row count, column names, and temporal coverage, is unknown.
• Data is provided in TEXT/XLS formats which may require specific tools for analysis.
• The license is listed as 'notspecified', which could create uncertainty for commercial use.

Provenance

Source

Department of Commerce

Collection Method

Satellite account methodology measuring tourist spending and industry employment.

Freshness

Last updated 2022-07-15.

Geography

United States (implied by Department of Commerce source).