Released: Phase I MDOT Economic Impact of Bicycling Report
Posted on August 14, 2014
After many months of writing, edits, approvals, and some waiting, the Phase I MDOT Economic Impact of Bicycling Report is now available.
The 2014 report finds that bicycling provides an estimated $668 million per year in economic benefit to Michigan’s economy, including employment, retail revenue, tourism expenditure, and increased health and productivity. Case studies of five Michigan communities are also now available (including Ann Arbor, Detroit, Grand Rapids, Holland, and Traverse City).
Phase II of this project is now underway and will include more specific data on the economic impact of bicycling events, bicycle touring, and Michigan as a bicycle destination. That phase is scheduled to be complete in spring 2015.
If your business or organization is interested in hearing more about the study or reviewing the findings, please contact us.