If you’re just looking at the cost of fares vs ridership, you’re missing the picture of the relative cost of that fare. Changes in inflation over the years have altered the value of that fare and will distort its effect on ridership. The same can be said for looking at the cost of gasoline over time, the cost has generally decreased over time while accounting for inflation, which would explain some of the changes in ridership.
Another interesting analysis would be to compare the mileage of bus routes in operation vs ridership. While this wouldn’t account for quality of the bus line (40 vs 10 minute headways) this would offer a general comparison and probably show that more service = more ridership.
Chris is right that businesses can’t expect things to be the same for an urban and suburban location. If an owner or manager don’t recognize a difference, they will not attract the business they expected or will alienate their resident neighbors. While this can be challenging, the rewards of an urban location can more than make up for that with increased business, better access to talent, and locations/character that are literally unavailable anywhere else.
Fares vs. the Economy: What Explains the Decline in Bus Ridership?
March 17th, 2010 at 8:09 pmIf you’re just looking at the cost of fares vs ridership, you’re missing the picture of the relative cost of that fare. Changes in inflation over the years have altered the value of that fare and will distort its effect on ridership. The same can be said for looking at the cost of gasoline over time, the cost has generally decreased over time while accounting for inflation, which would explain some of the changes in ridership.
Another interesting analysis would be to compare the mileage of bus routes in operation vs ridership. While this wouldn’t account for quality of the bus line (40 vs 10 minute headways) this would offer a general comparison and probably show that more service = more ridership.
The Pizza Man Fallout
January 28th, 2010 at 7:56 pmChris is right that businesses can’t expect things to be the same for an urban and suburban location. If an owner or manager don’t recognize a difference, they will not attract the business they expected or will alienate their resident neighbors. While this can be challenging, the rewards of an urban location can more than make up for that with increased business, better access to talent, and locations/character that are literally unavailable anywhere else.