5 ms·
To be honest, I doubt the amount of money brought into the US by foreign tourists amounts to much in the big scheme of things. I respect your principled stand a
by kylec 9y ago
To be honest, I doubt the amount of money brought into the US by foreign tourists amounts to much in the big scheme of things. I respect your principled stand against the threats against your security and privacy by the US Government, but it won’t really make anyone here poorer.
- deleted 9y ago[deleted]
- robin_reala 9y agoAccording to the World Bank[1] the US took in $246b in 2015 from international tourism. [1]: https://data.worldbank.org/indicator/ST.INT.RCPT.CD?locations=US https://data.worldbank.org/indicator/ST.INT.RCPT.CD?location...
- arethuza 9y ago"expenditures by international visitors in the United States totaled $244.7 billion in 2016" https://www.selectusa.gov/travel-tourism-and-hospitality-industry-united-states https://www.selectusa.gov/travel-tourism-and-hospitality-ind... About 1.3% of US GDP - which is maybe not significant to the US economy as a whole but I suspect that spending is very localized in locations that probably would suffer if foreign tourists reduced in numbers.
- chronic193 9y ago1% and that's if the borders are closed entirely to forbid any foreign tourist. The US will do just fine.
- speeq 9y agoThe US economy is really massive, $244.7 billion is more than the GDP of Finland.
- stedaniels 9y agoWorld Travel & Tourism Council Travel & Tourism Economic Impact 2017 United States "Visitor exports generated USD 212.3bn, 9.5% of total exports in 2016. This is forecast to fall by 0.6% in 2017, and grow by 3.9% pa, from 2017-2027, to USD 309.7bn in 2027, 9.3% of total." [0] US GDP in 2016 was USD 18624bn. [1] So I suppose it's only 1.1% of GDP. What's USD 212.3bn between frenemies huh? ;-) [0] https://www.wttc.org/-/media/files/reports/economic-impact-research/countries-2017/unitedstates2017.pdf https://www.wttc.org/-/media/files/reports/economic-impact-r... [1] https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=US https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?location...
- kylec 9y agoExactly. The complete loss of international tourism (and realistically there wouldn’t ever be a complete loss unless we closed the border) would result in a 1% loss for the US GDP/economy. Not nothing, but certainly not devastating.
- piva00 9y agoYou do understand there's also a downward spiral for tourism, right? Tourism generated 1% of the GDP but you don't know the impact on other industries, you haven't seen figures on lost of tax revenue from jobs lost, cost of retraining people to find new jobs, burden on society from unemployment, etc. I don't think that tourism will cease in the US but any downturn on it has larger effects than just the GDP figure brought by the industry itself. Of course, if you only care about numbers the dollar figure won't look much, if you care about the lives affected by idiotic policies then you have to look deeper.
- CaptainZapp 9y agoI never understood why US airports never implemented the transit concept. Theoretically it could be extremely convenient to use the US as a transit point if your final destination is, for example, a country in Latin America. But when you connect via any US airport you need to deal with imigration, pick up your luggage, deal with customs hassle, re-check your luggage and proceed through the entire TSA song and dance. Depending on the airport not even 3 hours may be sufficient to make the connection and the hassle you experience is just not worth it. For comparison: Some European airports have legal connection times of 30 minutes (Vienna). Longer than 90 minutes is almost unheard of. Just about any international airport gets that concept, even in massively underdeveloped countries. The US just doesn't seem to get it. It must cost US carriers dozen -, if not hundreds of millions in yearly lost revenues.
- gergles 9y agoBecause statistically nobody transits through the US. Almost everyone ending up in the US is staying. A lengthy flight across the Atlantic/Pacific to then take another lengthy flight across the other ocean is just not something many people do.