It is estimated that travel and tourism generated $93 billion in tax revenue during 2000 for Federal, State, and local governments. When our Governors and other State officials find themselves strapped for cash to pay for such basic services as education, $93 billion, and the figure has in the past been going up every year in tax revenues, it takes on increased significance. During the past decade, travel and tourism has emerged as the Nation's second largest service export, generating an annual trade surplus of about $14 billion. This, of course, is no surprise to the people of the State of California, the State of Florida, and certainly the State of Nevada. In the year 2000, 36 million people came to Las Vegas through the airport. It may be surprising, but McCarran Field is busier than L.A. International Airport. It has more people come and go through it than L.A. International. It is the sixth busiest airport in North America, and last year some 36 million people came to Las Vegas through the airport. This contributed about $32 billion to our local economy, sustaining approximately 200,000 hospitality- and tourism-related jobs.
Editor's note · Context
Discussing the economic impact of travel and tourism on state economies.
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