Insight ReportUS Forecast To See Multibillion-Dollar Hit from Falling International Visitor Spend: Another Retail Headwind John Mercer, Head of Global Research and Managing Director of Data-Driven Research June 2, 2025 Reasons to ReadWhat is the outlook for international visitor numbers, spending and spending at retail? We look at recent data and discuss the implications for the US economy. Dive into trends and projections, and understand which sectors we believe will see the biggest impacts from changes in tourist spending this year. Data in this research report include: Year-over-year change in international visitors to the US, in total and from selected countries, by month—January 2024–April 2025 Estimated shopping spend by international visitors to the US in 2025 Companies mentioned in this report include: Avolta, International Trade Association, LVMH, World Travel & Tourism Council Other relevant research: More reports covering macroeconomics Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Sentiment Hits Four-Month Low as Higher-Income Confidence Weakens; Plus, Mass Merchandisers and Warehouse Clubs in Focus: US Consumer Survey InsightsPositive Sentiment Trend Comes to an End; Kohl’s Leads in Department Store Shopping: US Consumer Survey InsightsThe Sentiment Split: Optimism at the Top, Strain at the Bottom; Plus, Social Commerce Shopping in Focus—US Consumer Survey InsightsNextGen 2025: Retail, Real Estate & the New Consumer—Agenda