Mexico Gets $4.78 Billion in FDI in Q1

MEXICO CITY – Mexico received $4.78 billion in foreign direct investment, or FDI, in the first quarter, a figure that was up 10.5 percent from the same period in 2010, when the country received $4.33 billion, the Economy Secretariat said.

The FDI figure was up by more than $2 billion, compared to the fourth quarter of 2010, when Mexico received $2.75 billion, the secretariat said.

The FDI numbers are preliminary because they are subject to subsequent revisions by companies, the secretariat said.

Some 1,827 companies invested directly in Mexico in the January-March period, with reinvested earnings accounting for 66.8 percent of FDI, while new investment represented 28.3 percent of the total and adjustments between companies accounted for 4.9 percent of the total, the secretariat said.

Some 54.4 percent of FDI went into manufacturing, while trade drew 18.1 percent, mining attracted 12 percent, professional services drew 7.3 percent, real estate attracted 6.1 percent and other sectors drew 2.1 percent, the secretariat said.

The main sources of FDI in Mexico were the United States, accounting for 85.2 percent, Switzerland, with 7.7 percent, Canada, with 2.4 percent, Spain, with 2.3 percent, the Virgin Islands, with 2.2 percent, and all other countries at 0.2 percent.

Mexico received $94.83 billion in FDI between January 2007 and March 2011, the Economy Secretariat said. EFE

 

Original at: http://www.laht.com/article.asp?ArticleId=394827&CategoryId=14091

Mexico counters violent image with U.S. ad campaign

(Reuters) – Mexico has launched an ad campaign to counter its image as a dangerous country and the negative impact on its vital tourist industry of U.S. travel alerts warning Americans of violence south of the border.

“Those travel alerts that were headlining ‘If you want to stay alive, don’t travel to Mexico,’ we felt they were not only totally inaccurate but irresponsible,” Mexico Tourism Board CEO Rodolfo Lopez-Negrete told Reuters on Thursday.

Mexico is spending millions of dollars on print media and billboard ads in U.S. cities showing its ancient pyramids and sunny beaches to sway Americans from canceling their visits.

While thousands of American tourists have been scared away by the brutal drug war raging in parts of Mexico, Lopez-Negrete said the volume of people visiting Mexican resorts was back up to 2008 levels, although revenues were down because hotels were offering cheaper deals to draw wavering tourists.

“We were able to drive volume upwards at a cost of lower pricing but we are happy with that because as in any other business, volume comes back first, then you start escalating to the proper pricing,” he said. “That’s the strategy.”

Lopez-Negrete said the inaccurate travel alerts were hurting tourism, which accounts for 9 percent of Mexico’s economic output and is its third biggest source of foreign currency.

The drug violence is occurring far from the most popular resorts such as Cancun, Huatulco, Ixtapa, Puerto Vallarta and Los Cabos, the Mexican official said, urging U.S. authorities to be more specific in their alerts.

In March, the Texas Department of Public Safety warned college revelers not to travel to Mexico for spring break with the message: “Stay alive.”

A U.S. State Department advisory issued over the Easter weekend urged U.S. citizens to avoid all but essential travel to 10 states in northern and central Mexico due to “ongoing violence and persistent security concerns.”

While major Mexican resorts were half empty earlier this year, Lopez-Negrete said they were almost full at Easter.

Foreign visitors spent $11.9 billion last year in Mexico, up 5 percent from 2009 when the global economic crisis and H1N1 virus scares took their toll on global tourism. But 2010 figures were still down 10 percent from $13.3 billion in 2008.

More than 37,000 people have been killed in Mexico since late 2006 when President Felipe Calderon took office and sent the Mexican armed forces to crush powerful cartels battling for lucrative smuggling routes to the United States.

Lopez-Negrete said investors trusted the government was going to quell the violence and continued to expand in Mexico.

Luxury hotels are being built in the Riviera Maya and other resort areas by the world’s top hotelier InterContinental Hotel Group, Spain’s largest chain Sol Melia, Hilton hotels, Starwood Hotels & Resorts and AM Resorts LLC, Lopez-Negrete said.

“The appetite continues to be there, because investors know tourism has always been very profitable in Mexico and the quality and value is second to none,” he said. “There is confidence in initiatives President Calderon has taken.”

(Reporting by Anthony Boadle; Editing by Peter Cooney)

Original at: http://www.reuters.com/article/2011/05/13/us-mexico-usa-tourism-idUSTRE74C05220110513

Travel expert: Why you should go to Mexico – CNN.com

Editor’s Note: Robert Reid is Lonely Planet’s New York-based U.S. travel editor and host of the 76-Second Travel Show.

New York (CNN) — Mexico tourism is having a bit of a PR problem lately.

Reports of mass grave sites, daylight shootings and carjackings from the escalating drug war don’t exactly build confidence for a family planning a week’s holiday. And on April 22, the U.S. State Department upgraded its travel warnings to target 14 of Mexico’s 31 states.

Now’s not the time to visit our southerly neighbor, right? Well, wrong. Mexico is a lot safer than you may realize.

We tend to lump all of Mexico — a country the size of Western Europe — together. For example, a border incident resulted in the death of a Colorado tourist last year, and the Texas Department of Homeland Security recommended against travel to all of Mexico.

Yet it’s in the 17 of 31 states not named in the newly expanded warnings where you’ll find the most rewarding destinations: the Yucatan Peninsula and Baja California beach resorts, colonial hill towns like the ex-pat haven of San Miguel de Allende, even the capital Mexico City.

Mexican protesters march to end drug war

An hour inland from Cancun’s beaches, Yucatan state — home to the most popular Mayan sites and “real Mexican” colonial cities such as Merida and Valladolid — is among the country’s safest. The state, with roughly the same population as Kansas, saw two drug-related deaths in 2010. Wichita, Kansas, alone had six gang-related killings over the same period.

Lonely Planet: 8 top places to (safely) visit in Mexico now

Map: Mexico travel guidelines

In most of central and southern Mexico, drug violence simply isn’t on the radar of daily life. “It’s as easy-going as it’s always been,” said Deborah Felixson, a diving operator on Cozumel who is “shocked” when people say they had been scared to go to the Caribbean island. “We’re just small communities here. We all know what everyone’s up to.”

That sentiment is found even in places once linked with political tension, such as Chiapas state and Oaxaca City, where political protest turned into a stand-off in 2006.

“Things are so much quieter now,” said Rogelio Vallesteros, who runs a Spanish-language school in Oaxaca City. “People call to ask about safety all the time, then they come and see how quiet it is. We’re normal, really.”

Mexico tourism official: Vacation spots far removed from violence

After the swine-flu crisis of 2009 — when some cruise ships diverted routes from Mexican ports that had no reported cases to American ones that did — travel bounced back a bit last year. Interestingly, the increase of returning Canadians and many Western Europeans doubled that of the American rate. We seem to remain particularly leery of Mexico.

That’s sad. My love of travel began with childhood visits to Mexican ruins and beaches, and I feel the U.S. is fortunate, not cursed, to be so close to a place that offers jungles, deserts, volcanoes, beaches, coral reefs, ancient pyramids, living pre-European cultures and some of the world’s most satisfying cuisines.

And of course the best reason to go: the people.

A couple years ago, I informally polled various innkeepers and tour operators worldwide to find out who are the world’s friendliest travelers. Guess who won. “Mexicans are such a joy to have here,” one Bulgarian guesthouse owner e-mailed back. “They make everyone feel happier.”

And it’s often better in Mexico, where locals show particular gusto in love of life. Once I saw fireworks go off in Mexico City, before sunset, and asked a local why. He was surprised I didn’t know. “It’s Friday,” he explained.

In restaurants, strangers seeing each other’s eyes instinctively say “buen provecho” before eating. It’s an earnest wish that their food should not only be tasty, but really pleasurable, and that the hope that their life will be a bit better as a result. There really is no English equivalent. Even our adopted “bon appétit” pales in significance.

Naturally, crime exists everywhere in Mexico.

I’ve been pickpocketed in Guadalajara (and in New York, too). But that’s the extent of my unpleasant scrapes in a dozen visits that have taken me to home-stay language courses, traditional Mayan markets, mummy museums, cenotes (surreal limestone sinkholes in which you can swim) and even Zapatista zones in the south.

Most travel to Mexico, ultimately, is simply good travel. It’s fun, affordable, eye-opening and fascinating (seriously, what other city of 21 million other than Mexico City is founded on a filled-in lake?).

But, no, you don’t have to visit Mexico. And there are certainly places, like Ciudad Juarez or Tamaulipas state, I’d never visit now. Just know that the Mexico experienced on the ground almost never matches the Mexico we increasingly see and read about.

Travel expert: Why you should go to Mexico – CNN.com.

TripAdvisor Travelers’ Choice Destinations Awards – Top 25 – Caribbean & Mexico

Top 25 Destinations in the Caribbean & Mexico

via TripAdvisor Travelers’ Choice Destinations Awards – Top 25 – Caribbean & Mexico.

Carstens says Mexico resilient to U.S. softness | Reuters

In an interview with Reuters, Central Bank Governor Agustin Carstens said despite recent bumps on the road for U.S. economic expansion, the sector that matters most for Mexico — factory production — is holding up rather well.

“Even though I acknowledge that there have been some mixed figures about the U.S. economy, we still are optimistic about the evolution of the Mexican economy,” Carstens said on the sidelines of a meeting of the Group of 20 nations and the International Monetary Fund.

Mexico ships more than 80 percent of its exports to the United States.

The U.S. economy expanded 3.1 percent in the fourth quarter, but analysts think growth could fall to just half that in the first quarter of 2011.

Carstens said Mexican central bank officials were closely monitoring a steady spike in commodity prices that has left U.S. crude oil costs hovering just below $110 a barrel.

As an oil exporter, Mexico has not been as hard hit as some other countries. Thus far, Carstens sees no particular signs of concern as far as inflation pressures are concerned.

“The inflation we reported just a few days ago for March was at an all-time low,” Carstens said. “So that gives us some sense of confidence.”

“We are following a very cautious approach. If we see that commodity prices are … affecting in a more fundamental way the dynamics of price setting in Mexico and also feeding into inflationary expectations, at that point we might decide to adjust our monetary policy stance,” he added.

The Group of 20 agreed over the weekend to a set of guidelines that will help flag financial imbalances that could potentially lead to crises. Asked if governments of troubled economies would not do better to focus more concretely on job creation, Carstens denied there was a conflict between the two.

“The recent jump in unemployment in all the advanced economies was precisely due to a lack of financial stability. So if you stabilize, then you create the environment for more job creation,” Carstens said.

Mexico suffered disproportionately during the financial crisis, experiencing one of the most severe contractions in the world. But things have been looking up recently. After shrinking 6.1 percent in 2009, gross domestic product rebounded 5.5 percent last year.

Still, prospects of a softer U.S. outlook have given rise to some trepidation for Mexico, even though the IMF expects the country to expand about 4.6 percent this year and 4 percent in 2012.

At the same time, the March inflation reading was in line with policymakers’ long-term target of 3 percent annual price increases, and analysts in a Reuters poll released on Friday expect prices will remain under control in the near-term.

Benign inflation is one reason why Mexican policymakers are not expected to raise interest rates from the current 4.5 percent until the first quarter of 2012.

(Additional reporting by Jason Lange in Mexico; Editing by Leslie Adler)

 

Original: Carstens says Mexico resilient to U.S. softness | Reuters.

Mexico economy unharmed by violence – finance minister

Ernesto Cordero told the BBC that the tourism sector also seemed unaffected by concerns over violence.

Mr Cordero, speaking in London, said that Mexico was set to continue its strong economic performance, with growth this year set for 4% to 5%.

The effect of rising oil prices on the US recovery is a key concern, he said.

The minister said that Mexico was facing and solving the problem of criminality, a reference to the drug-related violence that has seen high murder rates in some regions of the country.

“There is no evidence investment is not coming to Mexico or that investors are being put off because of violence,” he said.

Key customer

Mr Cordero said that within this positive picture, it was clear some cities were suffering and missing out on investment which tended to relocate to other parts of Mexico.

“We are trying to help local governments, municipalities and state governments to solve the problem and also retain and attract investment,” he said.

As for tourism, “we have very high rates of occupancy, so it doesn’t seem affected,” Mr Cordero said, adding that the focal points for violence were not areas usually visited by tourists.

Mexico’s economy grew by 5.5% last year, its fastest annual rate in 10 years, according to official figures published in February.

Unlike many emerging market economies, Mexico is not suffering high inflation, running at 3.6%, down from 4.5% in 2010.

Mr Cordero said the economic growth meant Mexico had been able to recover strongly and quickly from the global economic crisis.

He admitted that the government needed to do more to broadcast Mexico’s economic success.

“We lack a good strategy to communicate our achievements in the policy field. People are surprised to learn that living conditions here are better than in Brazil, for example.”

Figures from the International Monetary Fund show that Mexico’s GDP per capita is $14,300 (£8,700), while Brazil’s is $11,300.

Rising oil prices are a concern for Mexico given the potential effects on the world economy, above all in the US.

“We need to have economic recovery in the US,” Mr Cordero said.

Some 80% of Mexican exports are to the US market, down from 90% a few years ago, but Mexico’s markets are still not diversified enough, Mr Cordero said.

He added that his country needed to look more to Asia and Latin America.

“Mexico is not the only Latin American country that is consolidating its middle class and creating a large market,” the minister told the BBC.

Mr Cordero is a strong contender to be the presidential candidate for the National Action Party (Pan) in next year’s election, according to several Mexican political analysts.

Original at: http://www.bbc.co.uk/news/business-12818647

‘Next 11′ are BRICs in the making, says Goldman big

Gervais believes these 11 nations make good proxies for growth in Africa, Asia and the Middle East

 

To take advantage of opportunities in the world’s fastest-developing economies, investors need to start looking beyond the obvious emerging markets toward the next stage of growth.

According to Don Gervais, global head of fundamental-equity product management at Goldman Sachs Asset Management, that means investing in countries such as Indonesia, Turkey, Vietnam and Pakistan.

“There’s a 40-year story that considers some of the other economies that will have an impact on the global economic landscape,” Mr. Gervais said.

Specifically, he is referring to what Goldman Sachs has dubbed the “Next 11,” which takes a step beyond the popular BRIC emerging markets of Brazil, Russia, India and China.

By Goldman’s analysis, the next 11 countries to watch are Bangladesh, Egypt, Indonesia, Iran, Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey and Vietnam.

In making the case for the recently launched Goldman Sachs N-11 Equity Fund (GSYAX), Mr. Gervais said the Next 11 countries “have the potential over the next 40 or 50 years to rival the G-7 nations in terms of economic importance.”

The fund, which was launched Feb. 28, is designed to tap into the potential of the large and young populations that combine to represent 1.3 billion, which is 19% of the word’s population, or roughly the size of China.

“We’re seeing increased levels of wealth taking hold,” Mr. Gervais said. “There are strong and improving economic conditions, and an opportunity for continued domestic consumption in those countries.”

While the Next 11 category takes investors further out on the risk plank, Mr. Gervais compared the opportunity to that of the BRIC economies when the concept was first developed in 2001.

“Geopolitical risk is definitely a factor, and that will be part of the volatility we see,” he said.

The fund is designed with flexibility in mind, which Mr. Gervais said should help investors navigate through some of the most extreme market conditions as they unfold.

The fund is currently most heavily weighted in Mexico, Indonesia, South Korea and Turkey.

Current economic sanctions prohibit the fund from investing in Iran, but it will remain as part of the Next 11, Mr. Gervais said.

For investors ready to make the leap, the fund offers broad international diversity, with exposure to Africa, the Middle East and Asia.

Even within the list of 11 countries, there is a range of emerging economies.

Mexico and South Korea, for example, are considered the most developed of the group, and each represents about 1.6% of the world’s gross domestic product.

The next-largest economies are Turkey and Indonesia, which respectively represent 1.2% and 1.1% of global GDP.

On the other end of the spectrum, Bangladesh, Egypt and Nigeria represent pure examples of frontier markets.

According to Mr. Gervais, combining the BRIC nations with the Next 11 would give investors exposure to the world’s strongest emerging markets.

“Of the 150 non-developed markets, these 15 really make the difference as the most attractive investment opportunities,” he said.

The fund will use individual securities and exchange-traded funds, and will invest in local markets when and where that is possible.

“When you look at the transformation that is taking shape around the world, we think the Next 11 is another concept that has relevance for investors,” Mr. Gervais said.

 

Portfolio Manager Perspectives are regular interviews with some of the most respected and influential fund managers in the investment industry. For more information, please visit InvestmentNews.com/pmperspectives.

Original at: http://www.investmentnews.com/article/20110314/FREE/110319972

Mexico economic growth hits 10-year high

The Mexican economy recovered from a sharp contraction in 2009 to grow by 5.5% last year, its fastest annual rate in 10 years, official figures show.

The National Statistics Institute said that the agriculture, manufacturing and services sectors all made a strong improvement over the year.

The manufacturing sector was one of the key drivers with a growth rate of 6.1% in 2010.

“Growth is now more balanced,” said Finance Minister Ernesto Cordero.

“Manufacturing was stronger but most importantly the services sector grew significantly,” said Gabriel Casillas at JP Morgan.

The Institute said the final three months of the year grew at 1.3% compared with the previous quarter.

Unlike many emerging market economies, Mexico is not currently troubled by high inflation, which is currently running at 3.8%, down from 4.4% at the end of last year.

For this reason, interest rates are expected to remain on hold at 4.5%, analysts say.

Original at: http://www.bbc.co.uk/news/business-12538168

If facts don’t lie, is Mexico safer than the U.S. ?

By Patrick Osio

Here comes Easter break again and young people will be young people – high school and college kids will travel to distant places where the drinking age is either less than it is in the U.S. or where authorities don’t care to enforce minors’ drinking laws. For several decades Mexico has been one such place of choice where the legal drinking age is 18. Mazatlan , Acapulco , Puerto Vallarta and Cancun were the fly to favorite places and Rosarito Beach and Ensenada the favorite drive to places from Southern California . – But not this year, or for that matter neither was it last year.

Our government and the U.S. media have convinced most Americans that Mexico is not a safe place to visit as drug traffickers are fighting it out to see which gang will have the right to sell their illicit drugs to the very group that will not be visiting Mexico . They will have to wait until they return from Easter break to get their Mexican smuggled drugs at home.

But what really struck me was that the preferred country to visit this Easter break in lieu of Mexico is the Dominican Republic . It struck me because Dominica is rated as the number one country with the highest propensity for crime in the world. According to facts gathered by NationalMaster.com, their total crime per 1,000 residents (per capita) is 113.822 -Compared to the U.S. that is 8th in the world in total crimes at 80.0645 per 1000 residents, making chances of being a victim of a crime in Dominica better than 10%, and slightly less than an 8% chance of being a victim in the U.S.

But here is the real clunker – Mexico, the country our government tells us not to visit and the media has a field day reporting any crime be it significant or not to further put the fear of God into staying away from there – well, it ranks 39th in total crime in the world with a per capita of slightly less than 13 crimes per 1000 residents that is a 1.3% chance of being a victim of crime in Mexico.

So Mexico is out, Dominica is in, yet the chances of being a crime victim there is greater than in the U.S. and the chances of being a crime victim in the U.S. is greater than in Mexico . But, for our own safety we need to stay out of Mexico .

Have you ever felt like you’re being duped but you can’t quite put your finger on why – what’s the motive? Is it to keep us from facing some bitter truths?  We keep reading how crime is down, how safe we are compared to most other parts of the world. But is it true?

So here are some multiple choice questions for you:

  1. Which country has a higher crime rate per 1,000 residents?
    1. Mexico, b. Germany, c. Canada, d.  U.S.
  2. Which country has the highest murders with firearms?
    1. Mexico, b. El Salvador, c. U.S.
  3. Of the following countries, which has the least number of drug offenses?

a. Germany, b. United Kingdom, c. Canada, d. Switzerland, e. Mexico

4. Which country has the most prisoners?

a. United States , b. China , c. Russia , d. India, e. Mexico
(Answers: 1. d. U.S. , 2. c. U.S. , 3. e.  Mexico ,  4. a. U.S.-  Source: http://www.nationmaster.com)

In one of the only bright spots due to its recent gang related murders, Mexico , on a per capita, ranks as more dangerous than the U.S. occupying No. 24 and Mexico No. 6 in the world, but in total number of murders the U.S. is No. 5 and Mexico No. 6.

In fact, much of the crime data per capita 1000 population suggests that in many respects Mexico is safer than the U.S.: in assaults the U.S. ranks No. 6, Mexico No. 20; burglaries the U.S. No. 17, Mexico No. 34; car thefts U.S. No. 9, Mexico No. 22; fraud U.S. No. 18, Mexico No. 29; Rape (Canada No.5), U.S. No. 9, Mexico No. 17.

No doubt that at the expense of Mexico we are being duped. Is it to hide our insatiable appetite for illicit drugs and cheap labor, and so by pointing the finger of guilt to the biggest supplier of both we exculpate our actions or at minimum pacify our own guilt?

Maybe it’s time for “the home of the free, and land of the brave” to take note.
_______________________________________________________________________
Patrick Osio is the Editor of HispanicVista.com (www.hispanicvista.com). Contact at POsioJr@aol.com and co-founder of TransBorder Communications, Inc. (www.transbordercommunications.com) dedicated to binational economic development.

Article on HispanicVista at:

http://www.hispanicvista.com/HVC/Columnist/posiojr/02152011_Patrick_Osio.htm

TOP 10 INTERNATIONAL DESTINATIONS … PUERTO VALLARTA OVER ROME!

I always find these kinds of lists interesting. Better yet if they come from a collection of believable statistics. These were based on the Orbitz bookings last year. One surprise for me was Thanksgiving week, which I thought always was the heaviest travel period of the year. Oh well, I guess you learn something new every year.

Even with all of the bad headlines and steady stream of problems, Las Vegas stayed at the top of the destination list. Cancun was tops for international travel. London topped the European travel category. And the top airline route in the U.S. was New York-Chicago.

Here are the details.

Busiest Air Travel Weeks in 2010: The top honor of busiest travel week once again goes to Christmas Week (Dec. 19 – Dec. 25), followed by the first week of August and the fourth week of June. Rounding out the top five was the third week of March, when many high schools and universities went on spring break.

Orbitz Insider Index: The Top Five Busiest Travel Weeks (1)

1. Christmas Week (Dec. 19 – Dec. 25)
2. August, First Week (Aug. 1 – Aug. 7)
3. June, Fourth Week (June 20 – 26)
4. June, Third Week (June 13 – 19)
5. March, Third Week (Mar. 14 – 20)

One important note: While Thanksgiving Week (Nov. 21 – 27) did not make the top 5 list, November 24 (Wednesday before Thanksgiving) was the single-busiest travel day of the year, followed by September 3 (Friday before Labor Day) and July 2 (Friday before Fourth of July).

Top 2010 U.S. Destinations: The usual suspects are back atop the 2010 list of the 10 most popular U.S. travel destinations. For the third year in a row Las Vegas, New York, and Chicago claimed the first three spots on the list.

Orbitz Insider Index: The Top U.S. Travel Destinations in 2010 (2)

1 Las Vegas, NV
2 New York, NY
3 Chicago, IL
4 San Francisco, CA
5 San Diego, CA
6 Orlando, FL
7 Honolulu,
8 New Orleans, LA
9 Washington, DC
10 Miami, FL

Notably absent are Boston which ranked ninth last year, and Los Angeles, which ranked fifth in 2009. New entrants include New Orleans, eighth on this year’s list, and Honolulu, one spot ahead at seventh.

Average daily hotel rates rose across the board for the top 10 U.S. destinations in 2010. However, there continues to be excellent value in cities like Las Vegas, San Diego, and Honolulu where hotel rates are still significantly below 2008 levels.

Top 2010 International Destinations: There was a good amount of movement in the top international destinations from a year ago, although Cancun retained top honors in 2010. San Juan took over the second spot this year, dropping London to third. There were a host of new entrants this year including Puerto Vallarta, Niagara Falls, Canada, and Rome.

Orbitz Insider Index: The Top International Travel Destinations in 2010 (3)

1 Cancun, Mexico
2 San Juan, Puerto Rico
3 London, England
4 Punta Cana, Dominican Republic
5 Riviera Maya, Mexico
6 Paris, France
7 Toronto, Canada
8 Puerto Vallarta, Mexico
9 Niagara Falls, Canada
10 Rome, Italy

Warm weather destinations, and in particular Latin America, continued to have the most allure for Americans traveling internationally in 2010. In addition to scenic beaches, travelers benefitted from lower rates in both Riviera Maya and Puerto Vallarta, while Cancun stayed relatively unchanged.

Top 10 Most Popular U.S. Travel Routes: When it comes to the most popular U.S. flight routes in 2010, the City that Never Sleeps was either the origin or destination for every pairing in the top 10. The most popular route was New York to Chicago, followed by New York to Los Angeles. Rounding out the top 10, New York City was the most popular origination city in seven of the top 10 route pairings, as well as the most popular destination for travelers in Los Angeles, Chicago and San Francisco.

Orbitz Insider Index: The Most Popular U.S. Travel Routes in 2010 (4)
Origin City—Destination City
1 New York, NY—Chicago
2 New York, NY—Los Angeles
3 Los Angeles, CA—New York, NY
4 Chicago, IL—New York, NY
5 New York, NY—Fort Lauderdale
6 New York, NY—Orlando
7 New York, NY—Miami
8 New York, NY—San Francisco
9 New York, NY—Las Vegas
10 San Francisco—New York, NY

Original http://www.consumertraveler.com/today/2010-travel-stats-%E2%80%94-busiest-travel-weeks-top-destinations-in-u-s-and-abroad-top-airline-routes/