In 2023, the internal tourism expenditure on passenger transport services in the US stood at [insert 2023 value]. From 2024 to 2028, forecasted data indicates a year-on-year increase in expenditure:
- From 2024 to 2025, there is a year-on-year increase of 2.3%.
- From 2025 to 2026, the year-on-year variation is 2.2%.
- From 2026 to 2027, the increase is projected at 2.1%.
- From 2027 to 2028, the expected rise is 2.1%.
Over the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be 2.2%.
Future trends to watch for include shifts in transportation preferences due to technological advancements, potential impacts of environmental policies on travel behavior, and economic factors influencing discretionary spending on tourism. These elements will significantly shape the growth trajectory of internal tourism expenditure on passenger transport services.
