ats16: the myth of a freight-dependent economy

The Myth of a Freight-Dependent Economy

Oregon Active Transportation Summit – March 14, 2016

Joe Cortright, Impresa Economics & City Observatory Moderated by Kari Schlosshauer, Safe Routes to School National Partnership

300 million Minimum number of trips made by

people walking & bicycling in the region, each year

$415 millionAnnual economic activity of bicycle-related

industry and tourism in the region

2,300 jobs directly supported by the bicycle industry,

in Portland alone

8%Greater worth of a home in a more walkable

area

43%Expected increase in walking and bicycling

around a school, following the implementation

Safe Routes to School programming

$80 millioncost to the region of vehicle crashes involving

a person walking or riding a bicycle

$0How much more it would cost annually for

two adult transit passes, daily carshare use, new shoes & a new bicycle – rather than a

car

“Congestion can affect a region’s economy by

reducing its competitiveness

resulting in significant impacts on employment and economic output.”