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