Originally Posted by
chgoeditor
Actually, international tourism to the United States has
almost doubled since 2003, and 2009 was the only year in the last decade where tourism numbers dropped. I'm not an economist, but I suspect that the weak dollar has something to do with it. (International visitor spend has doubled between 2003 and 2014, and was reportedly $180 billion last year.)
Yes, the weak USD helped attract a lot of visitors; and yet the US lost global tourism marketshare despite the weak USD for much of that period even if controlling for growth in regional tourism within LDC regions.
http://www.usnews.com/news/blogs/was...me-500000-jobs
http://www.travelandleisure.com/trav...at-the-airport
Apparently at some point last year, according to the above, more than 4 out of ten foreign visitors to the US would advise people to avoid travel to the US. That's not a good thing for American business.