The Economic Power of U.S. Business Travel

June 18th, 2024 |

The Global Business Travel Association (GBTA), in partnership with Rockport Analytics, presents its latest report on the impact of business travel on the U.S. economy, offering key insights into spending trends, job creation, and industry’s recovery post-pandemic. In 2022, U.S. business travel spending reached $421.1 billion, supporting 6 million jobs and contributing $484 billion to GDP.

This comprehensive study highlights the significance of business travel across industries, its role in economic growth, and the benefits it provides to businesses, governments, and local communities. With business travel expenditures projected to surpass pre-pandemic levels this year, this report is an essential resource for policymakers, travel industry leaders, and corporate decision-makers.

GBTA members can explore the full report to understand how business travel continues to drive economic resilience and innovation across the United States. The study’s press release is available via Business Wire here.