BEA News: Travel and Tourism Satellite Accounts, 3rd quarter 2012

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

Real spending on travel and tourism slowed in the third quarter of 2012, increasing at an annual rate of 0.6 percent after increasing 2.2 percent (revised) in the second quarter. By comparison, growth in real gross domestic product (GDP) increased 2.7 percent (second estimate) in the third quarter of 2012 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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