Showing posts with label active transportation. Show all posts
Showing posts with label active transportation. Show all posts

Monday, May 13, 2013

Report: Bicycling and Walking Pumped $500M into New Jersey's Economy in 2011

NJ DOT in Cooperation with Rutgers Voorhees Transportation Center has finally released its report: Economic Impacts of Active Transportation in New Jersey. Using Rutgers own R/Econ I-O model the report found that bicycling and walking contributed nearly $500M to the Economy in 2011, supporting more than 4000 jobs and generating nearly $50M in tax revenue. On the investment side government agencies invested $63M into 250 bicycle and pedestrian infrastructure improvements. While skeptics may have a field day poking holes into the perceived 8:1 return on investment, this report could and should put to bed the notion that bike lanes, trails and sidewalks are frivolous add-ons to the State's transportation system.