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Bike industry generates $90 million in Portland, OR
By Yokota Fritz
From Portland, Oregon: a new report shows that the economic impact of the bicycle industry in Portland has grown significantly in recent years - to roughly $90 million. Read more at KATU, with much more discussion and analysis at the excellent Bike Portland.

The report shows:
Between 850 and 1,150 jobs are related to the bicycle economy in Portland
The city is home to nearly 4,000 annual races, rides, events and tours, which is equivalent to about one ride every 27 minutes. That is up from 2,100 in 2006.
The number of companies building bicycles by hand in the city has grown from 5 to 17.
In recent years, two international high-end cycling apparel companies have also chosen to make Portland their U.S. headquarters. London-based Rapha Racing Ltd. moved in February while Italian-based Castelli made the move in 2005.
The study said the fastest growing sector of the bike industry in the city is manufacturing and distribution.
The report only estimates direct bicycle-related business activity in Portland such as gross revenues. It does not, for example, factor in the increasing number of businesses turning to bikes as delivery vehicles, the report authors said.The report shows:
Between 850 and 1,150 jobs are related to the bicycle economy in Portland
The city is home to nearly 4,000 annual races, rides, events and tours, which is equivalent to about one ride every 27 minutes. That is up from 2,100 in 2006.
The number of companies building bicycles by hand in the city has grown from 5 to 17.
In recent years, two international high-end cycling apparel companies have also chosen to make Portland their U.S. headquarters. London-based Rapha Racing Ltd. moved in February while Italian-based Castelli made the move in 2005.
The study said the fastest growing sector of the bike industry in the city is manufacturing and distribution.
The report only estimates direct bicycle-related business activity in Portland such as gross revenues. It does not, for example, factor in the increasing number of businesses turning to bikes as delivery vehicles, the report authors said. Sphere: Related Content