California's Ocean Economy - California Resources Agency - State ...

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The travel industry supported more than one million jobs in 2001 in California and earnings
grew at an average rate of 5.1% over the last decade.
Figures 8-6 and 8-7 reflect travel spending and employment in the travel industry. Both
show declines in 2001, which may be traced to the September 2001 events and a downturn
in the economy. One interesting characteristic of these patterns is that travel spending
increased by approximately 4% in 1998, though employment remained about the same.
U.S. $Billion
80
70
60
50
40
30
20
10
0
California Travel and Tourism Industry Spending and Earnings
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001p*
Destination Spending ($Billion) Total Travel Spending ($Billion) Wages ($Billion)
Figure 8-6: Travel and Tourism Industry Spending and Earnings in California
Million Jobs
1.15
1.10
1.05
1.00
0.95
0.90
0.85
0.80
California Travel and Tourism Industry Employment
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001p*
Employment (Million jobs)
Figure 8-7: Travel and Tourism Industry Employment in California
Table 8-13 provides the travel spending by type of business service and Table 8-14 the
estimates of employment generated by travel spending in different types of businesses.
Accommodations account for around 20% of the total spending, while eating and drinking
accounts for approximately 15%. Recreation accounts for about 12% to 15% of spending.
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