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