Real spending on recreation and entertainment in the United States accelerated in the third quarter, increasing 7.9 percent from the second quarter, according to the latest figures the U.S. Department of Commerce.
Spending on recreation and entertainment reached $167 billion during the quarter, including $77.4 billion on recreation and entertainment and $90.1 billion on related shopping.
The robust performance was masked by a sharp decline in prices for fuel, lodging and air travel, which resulted in a 0.6 percent decline in real spending on overall travel and tourism during the quarter, the government estimated. Such spending increased 2.2 percent (revised) in the second quarter amid rising fuel prices.
Employment in travel and tourism industries, meanwhile, increased 1.3 percent in the third quarter after increasing 1.1 percent in the second quarter, also indicated continuing growth in spending on tourism and travel.