Economic Activity Associated with Bike Share by Jessica Schoner
Jessica Schoner presented an interesting study, at the Pro Walk Pro Bike conference, about the economic activity associated with the Nice Ride bike share program. “On average each bike share trip generated $7 of economic activity” Multiply that number by millions of trips and you have a mini bike share economy. More and more restaurants/cafes understand this and are requesting bike share stations to be placed nearby.
Download study:
http://www.cts.umn.edu/events/conference/2012/documents/presentations/24-schoner.pdf