The U.S. Business Travel Industry
Business Travel’s Impact on Jobs and the U.S. Economy in 2016
The study reveals business travel was responsible for about 3 percent ($547 billion) of U.S. GDP in 2016. Additionally, the research found that for every 1 percent change in business travel spending, the U.S. economy gains or loses 74,000 jobs, $5.5 billion in GDP, $3.3 billion in wages and $1.3 billion in taxes.
Key Takeaways Include:
- Breaking down the business trip
- Popular business destinations
- Defining the modern business traveler
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