U.S. Business Travel Industry Responsible for Almost 2% of U.S. GDP and 3.5% of Employment in Latest Full-Year Figures

GBTA | June 5, 2024

GBTA’s study reveals for every 1% of growth in business travel, the U.S. economy sees nearly 60,000 jobs, $2.9 billion in paid wages, $1.2 billion in tax revenue and $4.8 billion in new GDP The Global Business Travel Association (GBTA) today unveiled a new study, the “GBTA U.S. Economic Impact Study: Business Travel’s Impact on Jobs and the U.S. Economy,” which quantifies the significant economic impact of traveling for work in the U.S. The report shows the business travel industry provided a major boost to the U.S. economy in 2022*, the latest full year for which a complete set of data is available for analysis. The U.S. was t...