Domestic tourism expenditure on cultural services in the US demonstrated several trends between 2013 and 2023. From 2013 to 2019, there was a steady rise with Compound Annual Growth Rates (CAGR) oscillating between 2.02% and 5.25%. However, the sharp downturn in 2020 marked by a 48.45% decline due to the pandemic significantly impacted the market, leading to a rebound with significant increases in 2021 and 2022. As of 2023, the sector stood at 18.03 Billion USD, witnessing a 12.57% year-on-year surge and a modest 1.56% CAGR over the last five years.

Future trends to watch for:

Continued recovery post-pandemic, with forecasted stable growth rates averaging around 1.14% CAGR from 2024 to 2028.
The expected growth rate of 5.82% over the next five years indicates a potential steady increase in the domestic tourism expenditure for cultural services.
Potential impacts from evolving consumer behavior, digital transformation, and investments in cultural tourism infrastructure.