Technical: |
Peter Kuhbach: |
(202)
|
606-9543 |
BEA 04-12 |
|
Stephen Gross: |
|
606-9599 |
|
Mark Planting |
|
606-9537 |
Media: |
Larry Moran: |
|
606-9691 |
E-mail inquiries: |
industrysatellites@bea.gov |
BEA REPORTS SALES OF U.S. TOURISM INDUSTRIES GREW 3.5 PERCENT IN 2003
Tourism Sales Up 2.2 Percent in Fourth Quarter 2003
Total U.S. tourism industry sales grew at an annual rate of 3.5 percent in 2003, the first year of positive growth since 2000, according to
preliminary data released by the U.S. Bureau of Economic Analysis. Total tourism sales grew in all four quarters of 2003, led by a third
quarter increase of 17.7 percent. Sales in the fourth quarter of 2003 totaled $740.6 billion, which approached the peak level of $746.7 billion
in the fourth quarter of 2000. Total sales increased 2.2 percent in the fourth quarter of 2003. In comparison, current dollar GDP grew 4.8
percent in 2003, 10.0 and 5.3 percent respectively in the third and fourth quarters of 2003.
Two of the largest tourism industries, 'air transportation' and 'eating and drinking places', led the growth in tourism sales in 2003:
Direct tourism-related 'air transportation' sales increased $2.7 billion in 2003, following marked declines of $15.7 billion and $9.8
billion in 2001 and 2002, respectively.
Direct tourism-related sales of 'eating and drinking places' recorded steady growth for a third straight year, increasing $4.4
billion in 2003, after growing $2.1 billion and $3.0 billion in 2001 and 2002, respectively.
Taken together, the $2.7 billion growth in 'air transportation' sales and the $4.4 billion increase in 'eating and drinking' places
sales account for 56.9 percent of the increase in total direct tourism-related sales, which grew from $374.7 billion to $387.3 billion.
Sales of the third major tourism industry, 'hotels and lodging' places, were virtually flat for a second year in a row, decreasing
$0.1 billion in 2003 after increasing only $0.5 billion in 2002.
Fourth quarter 2003 results were mixed.
Direct tourism-related sales of 'eating and drinking places' grew 13.9 percent to $69.1 billion in the fourth quarter of 2003; direct
sales of 'automotive rental and leasing' grew 11.3 percent to $25.5 billion in the fourth quarter of 2003.
Direct tourism-related sales of the two largest tourism industries, 'hotels and lodging places' and 'air transportation', declined
in the fourth quarter of 2003. Sales of 'hotels and lodging places' declined 2.8 percent to $107.4 billion, and sales of 'air
transportation' declined 4.5 percent to $98.4 billion.
Direct tourism-related sales of all tourism industries grew $2.0 billion to $397.0 billion in the fourth quarter of 2003. Direct
tourism sales are sales by tourism industries to out-of-town visitors such as sales by airlines and restaurants to leisure and
business travelers.
Indirect tourism-related sales of all tourism industries grew $2.1 billion to $343.6 billion in the fourth quarter of 2003. Indirect
tourism sales are sales to tourism industries by the chain of industries that supply them, such as fuel to airlines and oil to the fuel
refineries that supply airlines.
These are the first quarterly tourism estimates that reflect the results of the 2003 Comprehensive Revision of the National Income and Product
Accounts. The revision had its most significant impact on the estimates of sales for hotel and lodging places, where the levels of sales were
lowered in all periods. Because hotels and lodging places are a major component of total tourism activity, this in turn resulted in lower levels
of total tourism sales in all periods as well. (See table 4)
Tourism industries are those identified in the BEA Travel and Tourism Satellite Accounts (TTSA) as industries whose primary products are
typically purchased by out-of-town visitors. Visitors are people whose travel for pleasure or business takes them 50 miles or more away from
home, or outside of their usual environment. The definitions, framework, and estimating methods used for the U.S. TTSA's follow, as closely
as practicable, the guidelines for similar accounts that were developed by the World Tourism Organization (WTO) and the Organisation for
Economic Co-operation and Development (OECD).
BEA's estimates of U.S. tourism industry sales include figures for both direct and indirect sales. Direct tourism sales are sales by tourism
industries to out-of-town visitors. Indirect tourism sales are sales to tourism industries by the chain of industries that supply them. Indirect
sales were estimated using industry-by-industry total requirements coefficients from BEA's input-output accounts.
Further information on BEA's TTSA and analyses of previous quarters are available on BEA's Web site. Go to <www.bea.gov> and click on
"Travel and Tourism" below the "Industry" heading. With the support of the U.S. Department of Commerce's International Trade
Administration, BEA's first TTSA's were published in the July 1998 Survey of Current Business. In late 2001, BEA began producing prototype
quarterly estimates of tourism industry sales. With the International Trade Administration's continued support, BEA is now publishing these
estimates on a regular basis, approximately two weeks following the release of BEA's preliminary estimates of GDP.
BEA's major national, international, regional, and industry estimates; the Survey of Current Business; and BEA news releases are
available without charge on BEA's Web site:
<www.bea.gov>
Summary BEA estimates are available on recorded messages at the time of public release at the following telephone numbers:
(202) 606-5306 Gross domestic product
606-5303 Personal income and outlays
606-5362 U.S. international transactions
Most of BEA's estimates and analyses appear in the Survey of Current Business, BEA's monthly journal. Subscriptions and
single copies of the printed Survey are for sale by the Superintendent of Documents, U.S. Government Printing Office. Internet:
<bookstore.gpo.gov>; phone: 202-512-1800; fax: 202-512-2250; mail: Stop SSOP, Washington, DC 20402-0001.
* * *
Next release - Sales of U.S. Tourism Industries for First Quarter 2004 will be released on June 10, 2004 at 8:30 A.M. EDT.
Table 1. -- Direct Tourism-related Sales of Tourism Industries: |
Percent Change from Preceding Period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Seasonally adjusted at annual rates |
Tourism Industry |
|
Y2001 |
Y2002 |
Y2003 |
Q2000: IV |
Q2001: I |
Q2001: II |
Q2001: III |
Q2001: IV |
Q2002: I |
Q2002: II |
Q2002: III |
Q2002: IV |
Q2003: I |
Q2003: II |
Q2003: III |
Q2003: IV |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hotels and lodging places |
|
-8.4 |
0.5 |
-0.1 |
-4.5 |
-3.1 |
-16.0 |
-26.9 |
-21.7 |
47.6 |
12.6 |
-7.2 |
-10.9 |
-0.8 |
3.5 |
16.9 |
-2.8 |
Eating and drinking places |
|
3.8 |
5.1 |
7.2 |
1.1 |
10.6 |
-1.0 |
3.1 |
4.2 |
11.9 |
2.8 |
2.3 |
4.8 |
7.8 |
10.1 |
9.0 |
13.9 |
Railroads and related services |
|
7.9 |
2.5 |
1.7 |
-2.9 |
3.8 |
-2.2 |
16.6 |
33.7 |
-2.0 |
-10.3 |
-16.7 |
2.2 |
5.9 |
0.0 |
19.7 |
12.0 |
Local and bus passenger transit |
|
-5.5 |
0.8 |
2.5 |
-8.6 |
-6.5 |
-7.0 |
0.8 |
-6.3 |
8.4 |
1.5 |
0.0 |
0.5 |
-2.4 |
8.1 |
9.4 |
4.8 |
Taxicabs |
|
2.8 |
3.3 |
8.9 |
2.2 |
4.1 |
2.5 |
5.2 |
2.9 |
2.7 |
4.9 |
2.2 |
2.3 |
4.0 |
26.6 |
15.1 |
4.0 |
Air transportation |
|
-13.2 |
-9.5 |
2.9 |
3.0 |
-8.4 |
-18.0 |
-42.6 |
-47.4 |
54.2 |
4.2 |
-7.0 |
7.0 |
0.7 |
-8.2 |
36.8 |
-4.5 |
Water transportation |
|
-4.3 |
1.3 |
3.6 |
-6.0 |
-7.2 |
-3.8 |
-5.4 |
0.8 |
3.2 |
3.6 |
3.2 |
2.9 |
4.7 |
3.9 |
2.5 |
2.4 |
Automotive rental and leasing |
|
1.6 |
9.0 |
4.1 |
5.5 |
1.9 |
-8.4 |
-5.7 |
11.2 |
22.6 |
11.7 |
9.7 |
-7.3 |
0.9 |
5.2 |
14.8 |
11.3 |
Travel agency services |
|
-7.0 |
1.4 |
4.3 |
-11.2 |
-11.3 |
-8.1 |
3.3 |
-3.7 |
6.0 |
5.9 |
-2.9 |
1.3 |
2.0 |
13.2 |
8.2 |
3.1 |
Amusement and recreation services |
|
5.3 |
5.7 |
4.8 |
0.8 |
5.6 |
3.3 |
3.0 |
5.0 |
9.3 |
5.1 |
7.2 |
1.2 |
4.7 |
5.7 |
6.8 |
4.2 |
Membership sports and recreation clubs |
|
5.0 |
12.0 |
2.4 |
6.9 |
0.4 |
7.1 |
9.2 |
9.4 |
18.3 |
11.8 |
10.4 |
9.9 |
3.7 |
-1.5 |
-12.3 |
-5.1 |
Motion pictures and other entertainment |
|
7.6 |
6.5 |
6.9 |
6.2 |
16.9 |
-2.4 |
5.0 |
15.3 |
6.1 |
8.7 |
-10.6 |
27.3 |
-10.8 |
21.6 |
11.3 |
13.3 |
Professional sports clubs and promoters |
|
8.1 |
9.4 |
6.2 |
-0.1 |
14.3 |
18.7 |
-22.8 |
46.3 |
-1.7 |
14.2 |
14.5 |
4.4 |
4.6 |
3.8 |
4.5 |
5.3 |
Gasoline service stations |
|
-1.5 |
-4.2 |
15.8 |
12.5 |
-3.0 |
8.9 |
-25.4 |
-37.3 |
-4.4 |
46.8 |
3.8 |
20.2 |
77.7 |
-38.3 |
27.6 |
0.9 |
Retail excluding restaurants and gas stations |
|
3.9 |
4.1 |
4.5 |
5.2 |
0.1 |
2.8 |
5.7 |
4.4 |
5.6 |
3.4 |
1.1 |
4.3 |
5.7 |
2.2 |
10.2 |
4.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
All tourism industries |
|
-5.2 |
-0.1 |
3.4 |
0.4 |
-1.7 |
-10.5 |
-21.0 |
-18.8 |
29.9 |
7.2 |
-2.5 |
0.2 |
2.5 |
1.8 |
17.6 |
2.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Table 2. -- Direct Tourism-related Sales of Tourism Industries |
[Billions of dollars] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Seasonally adjusted at annual rates |
Tourism Industry |
Y2000 |
Y2001 |
Y2002 |
Y2003 |
Q2000: III |
Q2000: IV |
Q2001: I |
Q2001: II |
Q2001: III |
Q2001: IV |
Q2002: I |
Q2002: II |
Q2002: III |
Q2002: IV |
Q2003: I |
Q2003: II |
Q2003: III |
Q2003: IV |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hotels and lodging places |
115.0 |
105.3 |
105.8 |
105.7 |
116.9 |
115.5 |
114.6 |
109.7 |
101.5 |
95.5 |
105.2 |
108.4 |
106.4 |
103.4 |
103.2 |
104.1 |
108.2 |
107.4 |
Eating and drinking places |
56.7 |
58.9 |
61.9 |
66.3 |
57.0 |
57.1 |
58.6 |
58.4 |
58.9 |
59.5 |
61.2 |
61.6 |
62.0 |
62.7 |
63.9 |
65.4 |
66.9 |
69.1 |
Railroads and related services |
1.3 |
1.4 |
1.4 |
1.4 |
1.3 |
1.3 |
1.3 |
1.3 |
1.4 |
1.5 |
1.5 |
1.4 |
1.4 |
1.4 |
1.4 |
1.4 |
1.5 |
1.5 |
Local and bus passenger transit |
2.9 |
2.8 |
2.8 |
2.9 |
2.9 |
2.9 |
2.8 |
2.8 |
2.8 |
2.7 |
2.8 |
2.8 |
2.8 |
2.8 |
2.8 |
2.8 |
2.9 |
2.9 |
Taxicabs |
4.6 |
4.8 |
4.9 |
5.4 |
4.6 |
4.7 |
4.7 |
4.7 |
4.8 |
4.8 |
4.9 |
4.9 |
4.9 |
5.0 |
5.0 |
5.3 |
5.5 |
5.6 |
Air transportation |
118.8 |
103.1 |
93.3 |
96.0 |
120.1 |
121.0 |
118.3 |
112.6 |
98.0 |
83.5 |
93.0 |
94.0 |
92.3 |
93.9 |
94.0 |
92.0 |
99.5 |
98.4 |
Water transportation |
7.8 |
7.4 |
7.5 |
7.8 |
7.8 |
7.7 |
7.5 |
7.4 |
7.3 |
7.4 |
7.4 |
7.5 |
7.5 |
7.6 |
7.7 |
7.8 |
7.8 |
7.9 |
Automotive rental and leasing |
21.3 |
21.6 |
23.5 |
24.5 |
21.6 |
21.9 |
22.0 |
21.5 |
21.2 |
21.8 |
22.9 |
23.5 |
24.1 |
23.6 |
23.7 |
24.0 |
24.8 |
25.5 |
Travel agency services |
4.6 |
4.2 |
4.3 |
4.5 |
4.6 |
4.4 |
4.3 |
4.2 |
4.2 |
4.2 |
4.3 |
4.3 |
4.3 |
4.3 |
4.3 |
4.5 |
4.6 |
4.6 |
Amusement and recreation services |
15.2 |
16.0 |
16.9 |
17.7 |
15.5 |
15.6 |
15.8 |
15.9 |
16.0 |
16.2 |
16.6 |
16.8 |
17.1 |
17.1 |
17.3 |
17.6 |
17.9 |
18.1 |
Membership sports and recreation clubs |
5.9 |
6.2 |
6.9 |
7.1 |
5.9 |
6.0 |
6.0 |
6.1 |
6.2 |
6.4 |
6.7 |
6.8 |
7.0 |
7.2 |
7.3 |
7.2 |
7.0 |
6.9 |
Motion pictures and other entertainment |
7.1 |
7.7 |
8.2 |
8.7 |
7.2 |
7.3 |
7.6 |
7.5 |
7.6 |
7.9 |
8.0 |
8.2 |
8.0 |
8.5 |
8.2 |
8.6 |
8.9 |
9.1 |
Professional sports clubs and promoters |
1.8 |
1.9 |
2.1 |
2.2 |
1.8 |
1.8 |
1.9 |
2.0 |
1.8 |
2.0 |
2.0 |
2.1 |
2.2 |
2.2 |
2.2 |
2.2 |
2.3 |
2.3 |
Gasoline service stations |
3.2 |
3.2 |
3.0 |
3.5 |
3.3 |
3.4 |
3.3 |
3.4 |
3.2 |
2.8 |
2.8 |
3.1 |
3.1 |
3.2 |
3.7 |
3.3 |
3.5 |
3.5 |
Retail excluding restaurants and gas stations |
29.6 |
30.8 |
32.0 |
33.5 |
29.9 |
30.3 |
30.3 |
30.5 |
30.9 |
31.3 |
31.7 |
32.0 |
32.1 |
32.4 |
32.8 |
33.0 |
33.8 |
34.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
All tourism industries |
395.7 |
375.2 |
374.7 |
387.3 |
400.4 |
400.8 |
399.1 |
388.2 |
366.0 |
347.4 |
370.9 |
377.5 |
375.1 |
375.3 |
377.6 |
379.3 |
395.0 |
397.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|
Table 3. -- Total (Direct & Indirect) Tourism-related Sales of Tourism Industries |
[Billions of dollars] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Seasonally adjusted at annual rates |
Tourism Industry |
Y2000 |
Y2001 |
Y2002 |
Y2003 |
Q2000: III |
Q2000: IV |
Q2001: I |
Q2001: II |
Q2001: III |
Q2001: IV |
Q2002: I |
Q2002: II |
Q2002: III |
Q2002: IV |
Q2003: I |
Q2003: II |
Q2003: III |
Q2003: IV |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hotels and lodging places |
205.8 |
188.5 |
189.5 |
189.2 |
209.2 |
206.8 |
205.2 |
196.4 |
181.7 |
170.9 |
188.3 |
194.0 |
190.4 |
185.0 |
184.7 |
186.3 |
193.7 |
192.3 |
Eating and drinking places |
116.8 |
121.3 |
127.5 |
136.6 |
117.4 |
117.7 |
120.7 |
120.4 |
121.3 |
122.6 |
126.1 |
127.0 |
127.7 |
129.2 |
131.6 |
134.8 |
137.7 |
142.3 |
Railroads and related services |
2.3 |
2.4 |
2.5 |
2.5 |
2.4 |
2.3 |
2.4 |
2.3 |
2.4 |
2.6 |
2.6 |
2.5 |
2.4 |
2.4 |
2.5 |
2.5 |
2.6 |
2.7 |
Local and bus passenger transit |
5.2 |
4.9 |
4.9 |
5.0 |
5.2 |
5.0 |
5.0 |
4.9 |
4.9 |
4.8 |
4.9 |
4.9 |
4.9 |
4.9 |
4.9 |
5.0 |
5.1 |
5.2 |
Taxicabs |
8.1 |
8.4 |
8.7 |
9.4 |
8.1 |
8.2 |
8.3 |
8.3 |
8.4 |
8.5 |
8.5 |
8.6 |
8.7 |
8.7 |
8.8 |
9.4 |
9.7 |
9.8 |
Air transportation |
224.6 |
194.9 |
176.3 |
181.4 |
227.0 |
228.6 |
223.7 |
212.9 |
185.2 |
157.8 |
175.8 |
177.6 |
174.4 |
177.4 |
177.7 |
173.9 |
188.1 |
186.0 |
Water transportation |
16.6 |
15.9 |
16.1 |
16.6 |
16.6 |
16.4 |
16.1 |
15.9 |
15.7 |
15.7 |
15.9 |
16.0 |
16.1 |
16.3 |
16.4 |
16.6 |
16.7 |
16.8 |
Automotive rental and leasing |
42.1 |
42.8 |
46.6 |
48.5 |
42.7 |
43.3 |
43.5 |
42.6 |
41.9 |
43.1 |
45.3 |
46.6 |
47.7 |
46.8 |
46.9 |
47.5 |
49.2 |
50.5 |
Travel agency services |
8.0 |
7.5 |
7.6 |
7.9 |
8.0 |
7.8 |
7.6 |
7.4 |
7.5 |
7.4 |
7.5 |
7.6 |
7.6 |
7.6 |
7.6 |
7.9 |
8.0 |
8.1 |
Amusement and recreation services |
26.6 |
28.0 |
29.6 |
31.0 |
27.2 |
27.3 |
27.6 |
27.9 |
28.1 |
28.4 |
29.0 |
29.4 |
29.9 |
30.0 |
30.4 |
30.8 |
31.3 |
31.6 |
Membership sports and recreation clubs |
10.3 |
10.8 |
12.1 |
12.4 |
10.3 |
10.5 |
10.5 |
10.7 |
10.9 |
11.2 |
11.7 |
12.0 |
12.3 |
12.6 |
12.7 |
12.6 |
12.2 |
12.1 |
Motion pictures and other entertainment |
12.5 |
13.4 |
14.3 |
15.3 |
12.6 |
12.7 |
13.3 |
13.2 |
13.3 |
13.8 |
14.0 |
14.3 |
13.9 |
14.8 |
14.4 |
15.1 |
15.5 |
16.0 |
Professional sports clubs and promoters |
3.1 |
3.4 |
3.7 |
3.9 |
3.2 |
3.2 |
3.3 |
3.4 |
3.2 |
3.6 |
3.5 |
3.7 |
3.8 |
3.8 |
3.9 |
3.9 |
3.9 |
4.0 |
Gasoline service stations |
9.1 |
9.0 |
8.6 |
10.0 |
9.2 |
9.5 |
9.4 |
9.6 |
8.9 |
7.9 |
7.9 |
8.7 |
8.7 |
9.1 |
10.6 |
9.4 |
9.9 |
10.0 |
Retail excluding restaurants and gas stations |
46.2 |
48.0 |
50.0 |
52.2 |
46.7 |
47.3 |
47.3 |
47.6 |
48.3 |
48.8 |
49.4 |
49.9 |
50.0 |
50.5 |
51.2 |
51.5 |
52.8 |
53.4 |
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All tourism industries |
737.2 |
699.0 |
697.8 |
722.1 |
745.7 |
746.7 |
743.7 |
723.5 |
681.9 |
647.1 |
690.6 |
702.8 |
698.6 |
699.3 |
704.3 |
707.1 |
736.6 |
740.6 |
Percent change at annual rate |
|
-5.2 |
-0.2 |
3.5 |
|
0.5 |
-1.6 |
-10.4 |
-21.1 |
-18.9 |
29.7 |
7.3 |
-2.4 |
0.4 |
2.9 |
1.6 |
17.7 |
2.2 |
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Table 4. -- Impact of NIPA revision on Total Tourism Sales and Sales of the Three Largest Tourism Industries |
[Billions of dollars] |
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Pre-NIPA-Revision Tourism Sales (Seasonally adjusted at annual rates) |
|
|
Y2000 |
Y2001 |
Y2002 |
|
Q2000: IV |
Q2001: I |
Q2001: II |
Q2001: III |
Q2001: IV |
Q2002: I |
Q2002: II |
Q2002: III |
Q2002: IV |
Q2003: I |
Q2003: II |
Q2003: III |
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Hotels and lodging places |
205.8 |
196.4 |
198.5 |
|
211.3 |
207.6 |
203.7 |
190.5 |
183.7 |
195.2 |
202.7 |
198.9 |
197.4 |
196.6 |
199.3 |
206.8 |
|
Eating and drinking places |
116.8 |
122.0 |
128.7 |
|
117.8 |
121.4 |
121.4 |
122.1 |
123.1 |
127.3 |
128.1 |
128.0 |
131.3 |
133.6 |
136.2 |
139.1 |
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Air transportation |
224.6 |
194.9 |
175.6 |
|
228.6 |
223.7 |
212.9 |
185.2 |
157.8 |
175.8 |
177.6 |
171.4 |
177.4 |
177.7 |
173.9 |
186.5 |
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All tourism industries |
737.2 |
709.7 |
707.8 |
|
751.3 |
749.1 |
735.7 |
692.7 |
661.4 |
699.5 |
713.8 |
704.4 |
713.5 |
716.7 |
720.2 |
747.8 |
|
Percent change at annual rate |
|
-3.7 |
-0.3 |
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|
-1.1 |
-7.0 |
-21.4 |
-16.8 |
25.1 |
8.4 |
-5.2 |
5.3 |
1.8 |
2.0 |
16.2 |
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Post-NIPA-Revision Tourism Sales (Seasonally adjusted at annual rates) |
|
Y2000 |
Y2001 |
Y2002 |
Y2003 |
Q2000: IV |
Q2001: I |
Q2001: II |
Q2001: III |
Q2001: IV |
Q2002: I |
Q2002: II |
Q2002: III |
Q2002: IV |
Q2003: I |
Q2003: II |
Q2003: III |
Q2003: IV |
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Hotels and lodging places |
205.8 |
188.5 |
189.5 |
189.2 |
206.8 |
205.2 |
196.4 |
181.7 |
170.9 |
188.3 |
194.0 |
190.4 |
185.0 |
184.7 |
186.3 |
193.7 |
192.3 |
Eating and drinking places |
116.8 |
121.3 |
127.5 |
136.6 |
117.7 |
120.7 |
120.4 |
121.3 |
122.6 |
126.1 |
127.0 |
127.7 |
129.2 |
131.6 |
134.8 |
137.7 |
142.3 |
Air transportation |
224.6 |
194.9 |
176.3 |
181.4 |
228.6 |
223.7 |
212.9 |
185.2 |
157.8 |
175.8 |
177.6 |
174.4 |
177.4 |
177.7 |
173.9 |
188.1 |
186.0 |
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All tourism industries |
737.2 |
699.0 |
697.8 |
722.1 |
746.7 |
743.7 |
723.5 |
681.9 |
647.1 |
690.6 |
702.8 |
698.6 |
699.3 |
704.3 |
707.1 |
736.6 |
740.6 |
Percent change at annual rate |
|
-5.2 |
-0.2 |
3.5 |
|
-1.6 |
-10.4 |
-21.1 |
-18.9 |
29.7 |
7.3 |
-2.4 |
0.4 |
2.9 |
1.6 |
17.7 |
2.2 |
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Notes: |
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Pre-NIPA-revision tourism sales for the third quarter 2003 were $747.8 billion, 0.47% below the Pre-NIPA-Revision fourth quarter 2000 peak of $751.3 billion. |
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Post-NIPA-Revision tourism sales for the third and fourth quarters of 2003 were $736.6 billion and $740.6 billion respectively. |
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These amounts are 1.35% and 0.82% below the Post-NIPA-Revision fourth quarter 2000 peak of $747.7 billion. |
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