This week, a coalition of bicycling advocates introduced me to a new report showing that in Baltimore, MD, pedestrian and bicycle projects created nearly twice as many jobs per dollar spent than typical road projects.
In this case-study, "Estimating the Employment Impacts of Pedestrian, Bicycle, and Road Infrastructure," the Political Economy Research Institute compiled data provided by the city of Baltimore. They found that on-street bike lanes and pedestrian measures created more direct jobs, more indirect jobs, and moreinduced jobs per dollar than either road upgrades or road resurfacing.
More from the Department of Transportation:
http://fastlane.dot.gov/2011/01/new-data-adds-job-creation-to-the-many-benefits-of-bicycle-infrastructure.html