BEA News: Travel and Tourism Satellite Accounts, 1st quarter 2013

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

Real spending on travel and tourism accelerated in the first quarter of 2013, increasing at an annual rate of 6.8 percent after increasing 2.1 percent (revised) in the fourth quarter of 2012. By comparison, growth in real gross domestic product (GDP) increased 2.4 percent (second estimate) in the first quarter after increasing 0.4 percent in the fourth 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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