Operations

Government Shutdown Would Cost U.S. Travel Sector Heavily

Posted on September 25, 2015


WASHINGTON, D.C. -- A federal government shutdown would cost the U.S. travel sector at least $185 million per day in economic output due to lost activity and affect 530,000 travel-related jobs due to temporary layoffs, reduced wages and fewer hours worked, economists at the U.S. Travel Association project.

U.S. Travel Association press release here

Related Topics: business travel, corporate travel, economic outlook, finance, leisure travel, U.S. Travel Association

Comments ( 0 )
More Stories
An ROI (return-on-investment) on a moving vehicle is easy to understand, but difficult to keep consistent. (LCT image)
Article

A Walk Through Coach Profits

NOV. LCT: These simple return-on-investment formulas will help you truly see if your buses of all sizes are making enough money.