Economic Impact Study Estimates


updated June 22, 2020

Total travel spending for the US is expected to decrease by 45% by year end. This represents a decrease of domestic travel spending from $972 billion in 2019 to $583 billion this year. International spending is expected to decrease from $155 billion in 2019 to just $39 billion this year. While the US Economy is currently in a recession, the latest findings show that the travel industry is actually in a depression with unemployment now reaching 51%. This is twice the unemployment of the Great Depression.

Source: Tourism Economics




Department of Tourism COVID-19 Resource Page
State of South Dakota COVID-19 website