Big Spending From Abroad

Travelers from abroad are visiting the U.S. with plenty of cash at hand. According to Gadling.com, they spent $11.6 billion on travel and tourism-related activities. That’s more than $970 million compared to last year in 2010. The U.S. Department of Commerce is saying that for 14 months in a row, foreign visitor spending has increased. In February alone, there was $2.7 billion spent on travel, 15% higher than the year before. Americans have spent $17.4 billion outside of the U.S.
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