Figure 2.1 U.S. Receipts, Payments, and Balance from Passenger Fares and Travel: 2000–2004
U.S. Receipts, Payments, and Balance from Passenger Fares and Travel: 2000–2004
(Millions of current U.S. dollars)
NOTES: Total receipts and payments include travel and passenger fares.
Travel—Travel accounts cover purchases of goods and services by U.S. citizens traveling abroad and by foreign travelers in the United States for business or personal reasons. These goods and services include food, lodging, recreation, gifts, entertainment, and other items incidental to a foreign visit.
Passenger fare—Passenger fare accounts cover fares paid by residents of one country to airline and vessel operators (carriers) of another country.
Receipts—Fares received by U.S. air carriers from foreign residents for travel between the United States and foreign countries and between two foreign points and for travel on U.S. cruise vessels.
Payments—Fares paid by U.S. residents to foreign air carriers for travel between the United States and foreign countries and for travel on foreign cruise vessels.
SOURCES: U.S. Department of Commerce, International Trade Administration, Office of Travel and Tourism Industries, Historical U.S. International Balance of Trade for Select U.S. Markets, available at http://tinet.ita.doc.gov/, as of May 2005. 2003-4: U.S. Department of Commerce, Bureau of Economic Analysis, Survey of Current Business, April 2006, table K.