by Jonathan Maus, Bike Portland
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According to the report, Americans spend more on bicycling gear and trips ($81 billion) than they do on airplane tickets ($51 billion). That $81 billion is spread between $10 billion on bikes, gear, and accessories and over $70 billion on bicycle "trip related sales." The direct economic impact of that spending supports 772,146 jobs. The report claims that the "ripple effect spending" of all this bicycling activity is over $198 billion and supports 1,478,475 jobs.
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The OIA says outdoor recreation is an "overlooked economic giant." With annual spending at $646 billion, it’s third in total annual consumer spending behind only financial services/insurance and health care spending. By way of comparison, total annual spending on motor vehicles and parts is just $340 billion.
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https://bikeportland.org/2012/06/20/outdoor-recreation-report-says-bicycling-pumps-81-billion-into-u-s-economy-each-year-73608
Biking in Baltimore