The resurgence of travel is playing a vital role in boosting the American economy and creating millions of jobs. In 2022, the direct spending on travel reached an impressive $1.2 trillion, leading to an overall economic impact of $2.6 trillion, marking a return to pre-pandemic levels. This surge in travel has resulted in the direct employment of 8 million individuals and has provided support to nearly 15 million American workers. The revival of domestic leisure travel has been the driving force behind this economic and job growth, surpassing the recovery of business and international travel segments.
The positive impact of travel on the economy cannot be overstated, as it is essential for the continued growth and competitiveness of the nation. The direct spending and economic footprint of travel in 2022 have not only brought the industry back to pre-pandemic levels but have also led to the creation of millions of jobs across America. The resurgence of domestic leisure travel has particularly been instrumental in driving this growth, far overshadowing the recovery of business and international travel. As travel continues to play a crucial role in the economic development of states, destinations, and communities, it is clear that its significance cannot be overlooked in driving the nation’s global competitiveness.