BEA News: Travel and Tourism Satellite Accounts, 2nd quarter 2012

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

Real spending on travel and tourism increased at an annual rate of 2.1 percent in the second quarter of 2012 after increasing 4.9 percent (revised) in the first quarter. By comparison, growth in real gross domestic product (GDP) increased 1.7 percent (second estimate) in the second quarter of 2012 after increasing 2.0 percent in the first 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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