...It's very easy to hop off a bicycle and find a place to secure the bike; not so with finding parking for an automobile.
Bohemia, NY (PRWEB) May 16, 2013
On May 16, city bike designer, Linus Bike, comments further on the economic benefits cycling provides for both cyclists and small businesses alike.
Recent studies have been revealing sales spikes in stores that were in close proximity to installed bike lanes. It has also been proven that cycling can also be economically beneficial for cyclists as well.
A November 2012 study titled “Measuring the Streets: New Metrics for the 21st Century” conducted by the New York Department of Transportation (NYDOT) concluded that cyclists are much more likely to stop and shop than motorists are. The study found that “retail sales on 9th avenue between 23rd street and 31st street grew 49 percent, compared to 3 percent borough-wide. The NYDOT also noted that “small businesses that were near bike lanes have done very well, not just in New York, but also in the nation’s other bike-friendly cities.”
The study went on to say, “People who travel along a street by bicycle have fewer barriers to stopping at a local business than people who travel along the same street by car. It's very easy to hop off a bicycle and find a place to secure the bike; not so with finding parking for an automobile.”
Along with these economic benefits for small businesses and retail, those who cycle can experience economic perks as well. John Pucher, a professor at Rutgers University’s Bloustein School of Planning and Public Policy, told NBC News that, “biking can save individuals up to three months’ worth of salary that is used to buy, insure, drive, park, repair, and maintain a car. It’s a tremendous cost for the average American, about $10,000 a year per car."
Sally Embrey, representative of Linus Bike, a city bike designer, is happy to see that additional benefits of cycling are being brought into the spotlight. “When people think of biking, they think of the obvious physical benefit, but cycling is a cost-effective alternative for cyclists and a source of sales increases for small businesses like the study states. Cities investing in bike installments boost small businesses. What town or city doesn’t want that economic boost?”
Linus Bike is a California-based bicycle manufacturer that specializes in creating vintage style city bikes and commuter bikes. Not simply a bicycle company, Linus Bike sells a complete line of accessories for the environmentally conscious and for those who have a fondness for European style bicycles and the great tradition of European cycling.