The Global Business Travel Association (GBTA) has 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 the nation that spent the most on business travel in 2022, with expenditures totalling USD 421.1 billion and resulting in USD 119 billion in tax receipts. It also supported 6 million jobs and represented 3.5% of total employment. GBTA’s economic impact study also shows that for every…
