Bloomberg reporting that Goldman Sachs adjusted US tourism revenue to decrease by $90 billion US dol

[human1234]

Bloomberg reporting that Goldman Sachs adjusted US tourism revenue to decrease by $90 billion US dollars in 2025

[https://www.bloomberg.com/news/articles/2025-04-15/us-economy-is-set-to-lose-billions-as-foreign-tourists-stay-away](https://www.bloomberg.com/news/articles/2025-04-15/us-economy-is-set-to-lose-billions-as-foreign-tourists-stay-away)

"Goldman Sachs Group Inc. estimates in a worst-case scenario, the hit this year from reduced travel and boycotts could total 0.3% of gross domestic product, which would amount to almost $90 billion."

The Bloomberg article mentions that international travel to the US was down 10% in March 2024 compared to March 2025. Canada specific flight travel during "summer tourist season", not sure exactly what months those are, is down 70%.

It mentions that Goldman Sachs is estimating that the decrease in US tourism and export revenue could reduce their estimates by $90 billion US dollars - with areas like hotel groups facing drops in international bookings, property owners for malls and retail having roughly $20 billion in international vistor purchases at risk, and also food establishments.

 

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