May 14th, 2011 by Make Money Home Business Center
Business Travel Quarterly ? United States (Visa) Did you know GBTA not only monitors global business travel spending, but also tracks and forecasts US-originated business travel spending on a quarterly basis? How do we accomplish this? We take a LOT of data, crunch the numbers, use our expert insights, and spit out the results in one easy to understand number! What data do we crunch? We start with a monthly survey of 60000 households in the United States who detail all of their travel for the month, including business travel. We then add in a few other items, such as: ? US Gross Domestic Product (GDP) and its components ? US Corporate Profits and Cash Flow ? US Employment & Unemployment ? ISM Business Sentiment Index ? Key Travel Components of CPI (airfare, lodging, food away from home, rental cars, fuel, transportation) ? Hitwise? data (www.hitwise.com) analyzing Internet traffic to business-oriented travel Websites and to potential travel alternative sites such as GoToMeeting and WebEx ? Productivity rates for business travel spending as a key business input to US corporations ? Supply variables such as the number of rooms, occupancy, available Seat Miles (ASM), and rental car fleet size from various travel information vendors and government/NGOs. From all this, we create the Business Travel Index? or BTI?. The BTI? simply represents total business travel spending in the United States. The index uses the 2nd quarter of 2005 as the base quarter, meaning it equaled 100 ?
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Source: http://makemoneyhomebusinesscenter.com/2011/05/14/business-travel-quarterly-united-states-visa/
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