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The document outlines North American spending in the UK from 2002 to 2006, highlighting a total increase from 2,780 m£ to 3,390 m£, with a significant 20.1% growth in 2006. Holiday spending was the highest, consistently over 1 billion £, while business spending rose steadily, and miscellaneous spending saw the most dramatic increase of 45.9% in 2006. Overall, the spending trends indicate a recovery and growth in various categories, particularly in miscellaneous expenses.

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2 views1 page

Writing

The document outlines North American spending in the UK from 2002 to 2006, highlighting a total increase from 2,780 m£ to 3,390 m£, with a significant 20.1% growth in 2006. Holiday spending was the highest, consistently over 1 billion £, while business spending rose steadily, and miscellaneous spending saw the most dramatic increase of 45.9% in 2006. Overall, the spending trends indicate a recovery and growth in various categories, particularly in miscellaneous expenses.

Uploaded by

baobeo1162003
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

The table below illustrates the outlay of North Americans on visit in the UK, in millions of

pounds (m£), and four purpose categories such as holiday, business, visiting friends or
relatives and miscellaneous.
Overall, the total spending had minor changes between 2,780 m£ to 2,822 m£ from 2002 to
2005, until they surging by 20.1% growth to reach 3,390 m£ in 2006. Among purposes,
holiday outlay became the most dominant, meanwhile the miscellaneous recorded as the
highest growth.
Holiday spending was the highest, reaching over 1 billion £ in four out of five years, have
11.6% growth in year between 2005-2006, and only had small drop to 982 m£ in 2003.
Following that, business spending showed a steady rise from 859 m£ in 2002 to 1,108 m£ in
2006, which marked 23.6% leap from 896 m£ in the previous year. In contrast, visiting
relatives remained minor changes from 539 m£ to 585 m£ for the 5-year period, revealing
12.1% growth from 2005 to 2006. In the end, miscellaneous was the smallest, steadily rose
from 318 m£ to 382 m£ between 2002 to 2005, until significantly increased to 557 m£ in
2006. The growth of miscellaneous spending was more doubled than the business and
surpassed holiday and visiting relatives spending.
In summary, the top three purposes had a small drop in 2003, but then showed dramatically
rise in 2006, with miscellaneous claiming the ascended growth at 45.9%.

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