Dataset of the Day: Weak USD$ Encourages Tourism
July 8th, 2008by Margaret Matia
The weak US Dollar might have a slight positive effect on the United States’ economy by luring international tourists to the States in record numbers. It’s like the whole country is on sale, and for our closest neighbors it’s just a quick drive over the border. The Office of Travel and Tourism Industries (OTTI), run by the U.S. Government records data on monthly tourism statistics. For 2007, the rise in inbound tourists from Canada and Mexico can be seen in the following chart, and also downloaded in .csv, .kml or as a .shp file from Finder!:

As a contrast to the rise in tourists, the decreasing value of the USD (United States Dollar) to the CAD (Canadian Dollar) can be seen over the same time period (2007) in the following chart (data from the Bank of Canada):

This data would be fun to explore in Finder! where you can see not only the increase in tourism but also the location attributes of where tourists are coming from into the USA. If you want to see if the weakening of the USD to the CAD is really correlated to the increase in Canadian tourism to the United States, go to Finder! and download both datasets and run some statistical analyses. Finder! also has data on other currencies and more travel and tourism statistics.
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July 24th, 2008 at 6:27 pm
[…] Dataset of the Day: Weak USD$ Encourages TourismIf you want to see if the weakening of the USD to the CAD is really correlated to the increase in Canadian tourism to the United States, go to Finder! and download both datasets and run some statistical analyses. … […]