Recent Streetsblog NYC posts about Economics

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How Cutting Back on Driving Helps the Economy

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Cross-posted from City Observatory As Americans drive less and spend less on fuel, they have about $150 billion annually to spend in other ways. There are two kinds of economics: macroeconomics, which deals in big national and global quantities, like gross domestic product, and microeconomics, which focuses on a smaller scale, like how the prices […]

More People Get to Fulton Street By Bike Than By Car

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When shop owners oppose new plazas or protected bike lanes, even in the city’s most walkable neighborhoods, they often say their businesses rely on street parking to attract customers. Removing even a handful of spaces, they claim, would lead to economic ruin. The reality, of course, is that an overwhelming majority of New Yorkers don’t drive to do their shopping, […]