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
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.
- The Economic Benefits of Trails, from AmericanTrails.org. View the webpage or download the pdf.
- Jackson Hole Trails Project Economic Impact Study, 2010. View a summary and access the full reports here.
- The Impacts of Mountain Bike tourism in Oakridge, Oregon (2014)
- The Economic Significance of Bicycle-Related Travel in Oregon (2012)
- The Economic Impact of Moutain Bicycle Events in Oregon (2013)
- Adventure Travel Trade Association Bicycle Tourism Survey (2014) - download pdf, attached below.
|ATTA 2014-Cycling-Survey-Final.pdf||1.02 MB|