Pasadena, CA (PRWEB) September 07, 2013
The U.S. Travel Association announced that travel remains the largest U.S. export, increasing 8.9 percent in the first seven months of 2013. An uptick in corporate and personal travel has driven job growth for the sector on TravelingCrossing.com.
According to the U.S. Travel Association, the country’s travel industry is one of the biggest contributors to the U.S. economy, to the tune of $14.8 billion a year. A burgeoning travel sector has been one of the key factors behind the decline in the U.S. trade deficit, with travel exports rising 8.9 percent in the first seven months of 2013 compared to 2012. Overall, according to the report, the travel sector has been responsible for 32 percent of the increase in U.S. exports during 2013. Nonessentials like travel, entertainment and leisure activities are typically the first areas cut by families in economically difficult times. The growth in the travel industry points to a rise in household disposable income and overall confidence in the economic future. The U.S. Travel Association is a non-profit group that represents the country’s travel industry.
On TravelingCrossing.com, a leading site for travel sector jobs, employer-hiring trends were indicative of the sector’s strong economic activity. There were a significant number of openings for travel agents, travel managers, and other travel coordination-type of jobs. Many of the currently advertised openings are concentrated in business and corporate travel. As the overall business has picked up for U.S. companies, so has business-related travel. Much in the same way that personal travel declined, companies were quick to cut travel budgets entirely or, at the very least, keep it to a minimum.
As businesses have recovered financially, corporate travel has also picked up, driving job growth in the airline industry and among travel agencies. Some businesses travel frequently and need services that can cater to specialized needs. Working with a booking agency can streamline the process for companies that want to avoid making the arrangements on their own, or need to do it on a large scale.
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