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Cycling & Multi-use Trails: Economic Impacts

Cycling & Multi-use Trails: Economic Impacts. Martin Daley, Parks & Trails New York. March 11, 2011. ¾ of Americans participate in active outdoor recreation. Bicycling is the second most popular outdoor recreation activity in U.S. Bicycling is Popular. Outdoor Industry Association (OIA).

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Cycling & Multi-use Trails: Economic Impacts

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  1. Cycling & Multi-use Trails:Economic Impacts Martin Daley, Parks & Trails New York March 11, 2011

  2. ¾ of Americans participate in active outdoor recreation • Bicycling is the second most popular outdoor recreation activity in U.S. Bicycling is Popular Outdoor Industry Association (OIA)

  3. Demographics • Higher income households • Educated professionals • Typically spend between $150 to $300/day

  4. spending • Longer trails/routes – people will travel farther, stay longer and spend more • Day trippers spend 4X amount of locals • Overnight visitors spend 2X amount of day trippers • $255/person • X 10 days • X 10 cyclists • = $25,000

  5. What length of tour do they prefer?

  6. Single day tour – 75% willing to travel no more than 100 mi. • 2-3 day tour – 50% willing to travel up to 300 mi. • Week or more tour – 80% willing to travel over 300 mi. How far are they willing to travel?

  7. When traveling alone or with friends – 40 miles or more • When traveling with families – under 40 miles How Many Miles a Day do they prefer?

  8. Estimated annual impact of bicycle tourism in select states Source: Maine DOT, Universite du Quebec, Colorado DOT, Bike Federation of Wisconsin

  9. Cycling in Maine • Bicycling an activity for 5% of overnight tourists • 2% of day trippers • Annual Economic Impact: $66 million, 1,200 jobs Maine DOT

  10. Let’s Talk Trails

  11. Business owners adjacent to Cape Cod Rail Trail • 24% = the trail played a part in decision to open business • 53% = revenue from trail users over 10% of business • 60% = trail a prominent factor in expansion Mass department of Environmental Management, 1993

  12. York County Heritage Trail (PA) • 300,000 annual users • Avg. expenditure for soft goods (SG) = $13 per trip • Annual revenue from SG = $3 million • 10% of users stayed overnight. Average expenditure = $51 National Parks Service, 2007

  13. Creeper Rail-Trail (VA) • Additional Employment = 27.4 • Total Value Added = $921,000 • Labor Income = $610,000 • Indirect Business Taxes = $104,000 • Annual Economic Impact = $1.6M National Forest Service, 2004

  14. Ghost Town Trail (PA) • Hard goods (HG) purchased = 88.4% • Avg. HG expenditure = $357 • Annual SG revenue= $743,000 • Annual overnight revenue =$430,000 • Annual impact = $1.2M Rails to Trails, 2009

  15. Annual Estimates for the Lake Placid to Tupper Lake trail(NY) • SG revenue = $676,700 • Transportation revenue = $199,400 • Overnight revenue = $353,000 • Economic impact = $1.23M • Jobs created = 13 Camoin Associates, 2010

  16. 2008 NYS Trails Study • Catharine Valley • Chautauqua Rails to Trail • Erie Canalway • Genesee Valley • Lehigh & Auburn • Mohawk Hike & Bike • North & South County Trail • O&W/D&H “EVERY MILE COUNTS” AN ANALYSIS OF SIX 2008 TRAIL USER SURVEYS, September 2010. NYSOPRHP

  17. NYS Trails Study • Non-local users averaged $202.35 per visit • Economic impact of each trail estimated at $2 million “EVERY MILE COUNTS” AN ANALYSIS OF SIX 2008 TRAIL USER SURVEYS, September 2010. NYSOPRHP

  18. What to take away • Most users purchase soft goods ($10 - $15 per visit) • Many users purchase hard goods to make trail use possible • 7-10% of users stay over ($30 - $55 per stay)

  19. A major National Park Service study of 3 rail-trails - • Urban (California) • Suburban (Florida) • Rural (Iowa) • Finding showed trail use pumped $1.2M - $1.9M annually into local economies Economic Benefits Moore, Graefe, Gitelson, Porter. The Impact Of Rail-Trails: A study of the users and property owner from three trails.

  20. New resource to help communities attract and serve cyclists

  21. Additional value

  22. Annual cost of inactivity shouldered by NYS taxpayers $9.9 BILLION Schoen, C., & Commonwealth Fund. (2007). Bending the curve: Options for achieving savings and improving value in U.S. health spending. New York, N.Y.: Commonwealth Fund.

  23. Cost of physical inactivity in NY • 5% rise in physical activity rates would save NY at least $180 million per year • Inactive adults have more than $300 more per year in direct medical costs than active adults Bullet1: Chenoweth, “Physical Inactivity in NYS, An Economic Cost Analysis”, 1999 Bullet 2: Pratt, M. “Higher Direct Medical Costs Associated with Physical Inactivity”, The Physician and Sports Medicine, October, 2000.

  24. www.ptny.org

  25. Martin Daleymdaley@ptny.org(518) 434-1583

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