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Foreign travelers are not coming to the U.S.
The Street
Follow
4/29/2025
The U.S. currently has a $51 billion travel deficit.
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Sports
Transcript
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00:00
While Americans continue to travel abroad, the number of foreign visitors to the U.S. is
00:04
plummeting. According to the International Trade Administration, the number of foreigners
00:08
traveling to the U.S. dropped 10% year-over-year in March and is down roughly 13% from before
00:14
the pandemic. The U.S. currently has a $51 billion travel deficit. That means Americans
00:20
are spending far more abroad than foreigners do when they visit here. That's a huge problem
00:24
considering the U.S. travel and tourism industry brings in more than $1 trillion in direct
00:29
spending each year. And that drop is now beginning to affect the air travel industry. United
00:34
Airlines said it saw a 6% year-over-year drop from travelers coming from Europe to the States,
00:39
while trips originating in Canada are down 9%. Delta acknowledged it's seen a similar decline.
00:45
Global travel and tourism is an $11 trillion industry. That'll do it for your daily briefing.
00:50
From New York City, I'm Kelsey Barbario with The Street.
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