The Economic Benefits of Bicycling
- This Community and Economic Benefits of Bicycling in Michigan report is separated into two Phases that highlight the economic benefit bicycling has on Michigan's local and statewide economies. The 2014 Phase I report finds that bicycling provides an estimated $668 million per year in economic benefit to Michigan's economy, including employment, retail revenue, tourism expenditure, improved health, and increased productivity. Using both quantitative and qualitative data, the report takes a unique approach to illustrate both the economic benefits of bicycling on a statewide basis, as well as broader benefits bicycling can have on communities. Phase II of this project includes data on the economic impact of bicycling "events," bicycle touring, and Michigan as a bicycle destination. Released in the spring of 2015, the report estimates out-of-state participation in organized bicycle events contributes nearly $22 million to the State economy. It also includes a detailed analysis of the direct expenditures of six large organized events along with secondary impacts of these events.