Economic Benefits of Bicycling Events

May 22, 2015 -- The Michigan Department of Transportation (MDOT) released the second phase of a new report, "Community and Economic Benefits of Bicycling in Michigan." The report, funded by federal and state planning and research funds, is the second phase of a larger report describing the economic benefits that bicycling events bring to the economy.

The new report finds that out-of-state participants in all organized bicycling events are responsible for an estimated $21.9 million in economic impact for the state, based on closer analysis of several specific events. Events of various size and type were selected for analysis in order to compare the variety of economic impact:
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http://www.michigan.gov/mdot/0,4616,7-151-9620-355188--,00.html