IWS Documented News INTERNATIONAL

IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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TRAVEL AND TOURISM SPENDING GROWS IN SECOND QUARTER 2010 [23 September 2010]

http://www.bea.gov/newsreleases/industry/tourism/2010/tour210.htm

or

http://www.bea.gov/newsreleases/industry/tourism/2010/pdf/tour210.pdf

[full-text, 7 pages]

or

http://www.bea.gov/newsreleases/industry/tourism/2010/xls/tour210.xls
[spreadsheet]

Real spending on travel and tourism increased at an annual rate of 3.0 percent in 2010:2, following an increase of 5.0 percent (revised) in 2010:1. By comparison, real gross domestic product (GDP) increased 1.6 percent (second estimate) in 2010:2 after increasing 3.7 percent in 2010:1. Travel and tourism prices increased 2.7 percent in 2010:2 after increasing 4.1 percent (revised) in 2010:1.

Passenger air transportation spending increased 3.9 percent in 2010:2 and 4.0 percent in 2010:1.

Accommodations spending decelerated, increasing 6.1 percent in 2010:2 after increasing 13.4 percent in 2010:1.

Prices for accommodations turned up in 2010:2, increasing 19.0 percent, after decreasing 6.4 percent in 2010:1.

After eight consecutive quarters of declines, direct tourism-related employment turned up, increasing 2.2 percent in 2010:2. By comparison, overall U.S. employment increased 2.2 percent in 2010:2 and increased 0.2 percent in 2010:1.

AND MUCH MORE...including CHARTS....

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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