While Americans are traveling abroad in record numbers, the United States is facing a concerning decline in international visitors, and the economic consequences could be severe.
According to recent data, inbound international tourism to the U.S. is down 10% year-over-year, with inbound visitors falling 14% in March alone. Meanwhile, Americans are setting new records for overseas travel, with outbound international flights up 1.6% from last March and 22% higher than pre-pandemic levels in 2019. All of this has created a growing imbalance between what international tourists spend in the United States and what Americans are spending abroad.
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