Originally Posted by
mschwett
I wonder how that translates to actual numbers of bikes, wheels, tubes, etc. we’re at $8B of 2012 dollars today ($10.50 in today’s dollars) but were at $6B of 2012 dollars in 2016 ($6.50 in 2016 dollars).
$10.5B vs $6.5B is a big jump - 61% - but how much more expensive is the average bike sold that it was in 2016? I wouldn’t be surprised if it was close to that much more and the number of bikes is actually the same.
My bike (2014 but was the same cost in 2016) is 43% more today. And that's a cheap one.