MDOT Reports Bicycling Adds $39.1 Million to Grand Rapids Economy
The Michigan Department of Transportation has released a report which says that bicycling adds $668 million per year to Michigan's economy.
$39.1 million of that is generated within the city limits of Grand Rapids.
The release of the report, "Community and Economic Benefits of Bicycling in Michigan", is the first of a two-part study.
The second part of the report will include more specific data on the economic impact of bicycling "events," bicycle touring, and Michigan as a bicycle destination. It is scheduled to be released next year.
The report measures a number of benefits from bicycling including employment, retail revenue, tourism expenditure, and increased health and productivity.
MDOT says 55% of bicyclists in Grand Rapids bike at least twice a week, 18% commute by bike at least twice a week, and 11% participated in a bicycling event or vacation in the past year.
In Grand Rapids, bicycling retail revenue accounts for $1.7 million annually. Bicycling also employs 32 people.
The report also lists economic benefits from other cities including:
- Traverse City: $5.5 million
- Holland: $6.4 million
- Detroit (southwest Detroit and the Conner Creek Greenway area): $20.7 million
- Ann Arbor: $25.4 million