The economic impact of freight and moving goods. Presenter: Joe Cortright

1. 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

2. 300 million
Minimum number of trips made by
people walking & bicycling in the region, each year
$415 million
Annual 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 million
cost to the region of vehicle crashes involving a
person walking or riding a bicycle
$0
How 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.”