Economic Benefits of Bicycle Infrastructure Investments

Economic Benefits of Bicycle Infrastructure Investments

This article highlights the impact the bicycle industry and bicycle tourism can have on state and local economies, describes the need for bicycle facilities, discusses the cost effectiveness of investments, points out the benefits of bike facilities for business districts and neighbourhoods, and identifies the cost savings associated with a mode shift from car to bicycle. The evidence demonstrates that investments in bicycle infrastructure make good economic sense as a cost effective way to enhance shopping districts and communities, generate tourism and support business.

Today the national bicycling industry contributes an estimated $133 billion a year to the
U.S. economy.i It supports nearly 1.1 million jobs and generates $17.7 billion in federal,
state, and local taxes. Another $46.9 billion is spent on meals, transportation, lodging,
gifts and entertainment during bike trips and tours.  

This article highlights the impact the bicycle industry and bicycle tourism can have on
state and local economies, describes the need for bicycle facilities, discusses the cost
effectiveness of investments, points out the benefits of bike facilities for business
districts and neighborhoods, and identifies the cost savings associated with a mode shift
from car to bicycle. The evidence demonstrates that investments in bicycle
infrastructure make good economic sense as a cost effective way to enhance shopping
districts and communities, generate tourism and support business.

PDF download available from www.bikeleague.org

Author: 
League of American Bicyclists and the Alliance for Biking & Walking