Americans Traveled Abroad More in September 2015 Than Ever Before!

Thanks to a stronger U.S. dollar, Americans are traveling abroad, and doing so are a rate higher than ever before.  The Commerce Department reported on Friday that travel outside the United States rose 1.4% in September 2015 to a seasonally adjusted annual rate of $101.19 billion. That’s a 14.7% gain over the last 12 months, and the first time the rate has gone above $100 billion.  Despite these increases, foreigners were more likely to visit the U.S. than Americans were to visit other countries.  Foreign travel in the U.S. was at a seasonally adjusted annual rate of $151.77 billion in September 2015.

us-passport

Historically, CBS Marketwatch reported that in 2014, Mexico and Canada received the largest share of traffic, at 37% and 18%, respectively. By region, Europe accounted for 17% of U.S. travel, the Caribbean represented 10.5% and Asia took in 7%.

Does the stronger U.S. dollar encourage you to travel more abroad?

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.