Kumaresan Selvaraj pillai


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Wednesday, December 21, 2011

BEA News: Travel and Tourism Satellite Accounts, 3rd quarter 2011

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Real spending on travel and tourism decreased at an annual rate of 1.0 percent in the third quarter of 2011 after increasing 3.2 percent (revised) in the second quarter. By comparison, growth in real gross domestic product (GDP) increased 2.0 percent (second estimate) in the third quarter after increasing 1.3 percent in the second quarter.

The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/industry/tourism/tournewsrelease.htm.

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