Business Travel Within the U.S. Drives Over $623 Billion in Economic Impact as Spending Reaches $538 Billion, According to New GBTA Study

Business Travel Within the U.S. Drives Over $623 Billion in Economic Impact as Spending Reaches $538 Billion, According to New GBTA Study

Findings reveal business travel supports 6.7 million U.S. jobs and accounts for 2.1% of GDP, underscoring its role as a critical driver of economic growth nationwide

Business travel within and to the United States continues to be a major engine powering the nation’s economy and growth, generating $623.8 billion in total gross domestic product (GDP) impactas related travel spending reached $538.5 billion, according to a new study released today by the Global Business Travel Association (GBTA).

Based on comprehensive analysis of 2024 data, the report reveals the far-reaching impact of business travel across industries, employment, public finances and regional economies across all 50 states, including accounting for 2.1% of the entire U.S. economy (GDP) and $148.6 billion in U.S. tax revenue. It supports 6.7 million jobs nationwide and is also linked to 1 in every 24 U.S. jobs.

The new findings also show that nearly 488 million business trips were taken across the U.S. in 2024, underscoring the scale and reach of business travel activity to, within and across U.S. states.