Data recently released by the US National Travel and Tourism Office (NTTO) show that in March 2022: International visitors spent $10.1 billion on travel to, and tourism-related activities within, the United States, an increase of 90 percent compared to March 2021. Americans spent $9.2 billion traveling abroad, yielding a balance of trade surplus of $894 million for the month—the fifth consecutive month during which the United States enjoyed a balance of trade surplus for travel and tourism. The increase in ‘Travel […]
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