U.S. business trips on the rise

The outlook for business travel continues to brighten, with companies sending more workers overseas, and feeling confident enough to spend on group meetings, according to a report being released today.

In the report, the Global Business Travel Association states trips made by U.S. compannies rose 3 percent in the first quarter compared to a year earlier, and the amount businesses spent on those trips increased 7.6 percent to $71.2 billion, according to USA Today.

"I think largely there's a growing or sustained confidence in making those expenditures and seeing the result coming in new business," said Mike McCormick, the GBTA's executive director and COO.

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