Bicycling with it's recreational stigma has a hard time getting it's fair share of attention, the economic impacts seem small when compared to things like bridge tolls and gasoline taxes, yet those revenue sources go to the enormous costs of maintaining a system being beaten down by 1/2-to 40 ton vehicles. Bicycles in the words of Portland Bicycle Pedestrian Coordinator Roger Geller are a "Cheap Date". Portland's economic impact of the bicycle industry is in the neighborhood of $63 Million.
So what is the economic impact of bicycling and the bicycle industry? Here is how Portland divided up the pie, listed underneath are our local qualifying businesses
Tours, Rides, Races, and Events
Commerce Bank Philadelphia International Cycling Championship
The American Cancer Society Ride
Tour of PA
Kensington Kinetic Sculpture Derby
Messengers (Time Cycle and A1, Heaven Sent and others)
Delivery Services - Pedal Co-Op
Advocacy and Community Outreach -BCGP, Neighborhood Bike Works and non-profits with trail or transportation projects (Pennsylvania Environmental Council, Schuylkill River Development Corp. Delaware River City Corporation).
Pedicabs - Chariots of Philly
Consultants, Planners, Engineers, Construction - Campbell Thomas, Kise Straw Kolodner, Wallace Roberts and Todd, Pennoni and Associates etc. Various paving and construction contractors.
Manufacturing and Distribution
Bicycle Distributors and Manufacturers - ASI
Frame Builders - Philly Cargo Cycles and Bilenky
Bicycle Accessories - R.E. Load Bags
Electric Assist - Kronosport
Bike Shops - 30+ on Google Maps
Bicycle Rental - Philadelphia Bicycle Tours, Lloyd Hall Bike Shack
Restaurant delivery - many in Center City and Lee's Hoagies in University City
Did we miss anyone? And what about our suburban economic engines such Sweetskinz (Bala Cynwyd), Steve Spindler Cartography (Jenkintown), Downtube Bicycles (Bensalem) and the many nearby bike shops.
The exact impact would take a full study to find out the final number but I think there is no doubt that bicycling in the region provides millions of dollars.