The U.S.-Mexico-Canada Agreement (USMCA) modernizes the North American Free Trade Agreement (NAFTA) to meet the needs of a 21st century economy, ensuring the U.S. remains an attractive place to do business. 

Entering the USMCA would deliver for the travel industry and America’s economy as a whole. For the travel industry alone, USMCA would raise an estimated $1.7 billion in travel-generated economic output and create 15,000 American jobs.

USMCA would allow for the continued growth in U.S. exports—including travel, America’s second largest export—and should be swiftly implemented.

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Research, News and Commentary on Trade

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Monthly member-exclusive summary of the latest economic, consumer and travel indicators, trends and analysis featuring key highlights from the Recovery and Growth Insights Dashboard.
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Tourism Economics’ Adam Sacks highlighted that though the U.S. is likely headed towards a mild recession in 2023, travel is uniquely positioned for this downturn and expected to prevail largely...
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FORECAST

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The latest forecast projects that domestic leisure travel, which has surpassed pre-pandemic levels, will remain resilient while domestic business travel will continue its slow but steady recovery. International inbound travel will remain sluggish as it continues to face headwinds, with a full recovery not expected prior to 2025.
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