Cycling brings many benefits to the economy on a local & national basis. Below are some reports reviewing the economic benefits that are achievable:
Shopping by bike: Best friend of your city centre
Publication Date: February 2016 | Published by The European Cyclists Federation (ECF)
Summary: This report estimates that customers going shopping by bicycle account for a consumption of €111 billion in the EU. This report looks at some examples of cities & the impact of biking customers have on the economy.
Calculating the economic benefits of cycling in EU-27
Publication Date: June 2013 | Published by The European Cyclists Federation (ECF)
Summary: This report calculates that cycling contributes a potential economic benefit to the European Union (EU) of at least €205 billion.