MURFREESBORO, Tenn. (WMOT)  --  A new report from the U.S. Department  of Commerce is likely good news for the Tennessee economy. Spending by international travelers visiting the U.S. jumped by 11 percent in the first half of the year.

The federal report says international visitors poured more than $82 billion into the U.S. economy through the end of June, putting the tourism industry on track for another record year. Commerce says international visitors could spend nearly $170 billion in the U.S. by year’s end.

Elvis Week One of Tennessee's Biggest Tourist Draws

Aug 15, 2012

MEMPHIS, Tenn. (AP/WMOT) — Tens of thousands of Elvis Presley fans are expected to pay respects to the rock 'n' roll icon during a candlelight vigil at Graceland tonight marking the 35th anniversary of his death.

The vigil is just one of many Elvis Week activities, the annual celebration of Presley's life and career. Jonathan Lyons of the Memphis Visitor’s Bureau says Elvis week accounts for the biggest slice of the $3 billion tourists spend in Shelby County annually.

Lyons says this year’s highlight is a concert that features a virtual Elvis.

MURFREESBORO, Tenn. (WMOT)  --  The Commerce Department released an upbeat Spring 2012 Travel and Tourism Forecast Tuesday morning. The report is good news for Tennessee’s economy.

The federal study predicts a four to five percent increase in the number of foreign travelers visiting the U.S. over the next five years.  State Tourism says international travelers are already contributing about $14 billion to Tennessee's economy each year.