The Economic Argument for Bicycling
"This report highlights the impact the bicycle industry and bicycle tourism can have on state and local economies, 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", writes Darren Flusche, Policy Director of the League of American Bicyclists, in the 24-page report.
In addition to the report, the League published a compelling graphic highlighting studies from across the country showing the positive benefits: "You can see, for example, that bike recreation and tourism contributes an estimated $924 million a year to Wisconsin, plus $409 million in health benefits. Or that biking generates $400 million for Iowa, according to the University of Northern Iowa, and the Iowa Bicycle Coalition. Or that bike tourism brings in $60 million for North Carolina's Outer Banks area," writes Ben Schiller of Co.Exist.