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Economics of Bicycling

According to a 2010 study prepared by the Outdoor Foundation, 60 million adult Americans (18 years of age and older) ride a bike each year, and bicycling creates major economic growth in the United States:

    • $133 billion annual contribution to the U.S. economy
    • Supports nearly 1.1 million jobs across the U.S.
    • Produces $53.1 billion annually in retail sales and services
      • $6.2 billion in bicycling gear sales and services
      • $46.9 billion in bicycling trip-related expenditures
    • Generates $17.7 billion in annual federal and state tax revenu
    • Provides sustainable growth in rural communities
• Contributes $133 billion annually to the U.S. economy
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• Supports nearly 1.1 million jobs across the U.S.
• Generates $17.7 billion in annual federal and state tax revenue
• Produces $53.1 billion annually in retail sales and services
• $6.2 billion in bicycling gear sales and services
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• $46.9 billion in bicycling trip-related expenditures
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• Provides sustainable growth in rural communiti

In the Rocky Mountain region (AZ, CO, ID, NM, MT, UT, NV, WY) alone, bicycling contributes $6.2 billion annually to the regional economy:

  • Supports more than 60,000 jobs across the region
  • Generates more than $1 billion in annual state and federal tax revenues
  • Produces nearly $4.1 billion annually in retail sales and services
  • $429 million in bicycling gear sales and services
  • $3.7 billion in bicycling trip-related expenditures
  • The Mountain States are home to more than 4 million bicyclists – 27% of the adult population.
Other Economic Studies and Research:
 
 
 
 
 
 
 
 
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ATTA 2014-Cycling-Survey-Final.pdf1.02 MB
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