Internal tourism expenditure on cultural services in the US increased steadily from 2013 to 2019, with a notable dip in 2020 due to the pandemic. Spending recovered significantly over the next two years and stabilized by 2023, reaching 18.9 Billion USD. The last two years showed an upward trend with year-on-year variations of 19.85% in 2022 and 11.14% in 2023. The 5-year CAGR over the last half-decade was modest at 0.65%.

Forecasts for 2024 to 2028 predict slight annual growth, with a projected 5-year CAGR of 0.11% and an overall growth rate of 0.57%. Spending is expected to reach 19.04 Billion USD by 2028.

Future trends to watch include:

Potential shifts in consumer behavior post-recovery phase from the pandemic.
Technological advancements in virtual and augmented reality enhancing cultural services.
Increased focus on sustainable tourism practices.
Government policy changes and funding for cultural activities.