Recession Proof Product: Bikes
The Economist reports that bike sales are going through the roof. Whether it’s for fitness reasons or for saving money and resources, people are buying up bikes like crazy. The world’s largest bicycle maker, Giant sold a record 460,000 bikes last month and is on target for it’s best year ever. With more cities adding bike lanes, and even banning cars from main thoroughfares, bikes are getting the respect they deserve.
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