Determining global PBO
A recent post , published on the The Trek Blog by the eponymous US-headquartered bicycle manufacturer, opened with this paragraph: " As many Americans across the country are facing extended social distancing orders due to the COVID-19 pandemic, consumers are turning to cycling as an alternate means of essential transportation, for mental and physical health, and to keep the kids busy. " The company was releasing " …results from a nationally representative survey of over 1,000 American adults 18-years-old and over, conducted in partnership with research firm Engine Insights. " Unsurprisingly, the presented data served to boost cycling as an upwardly trending activity. Locally observed for this weblog, anecdotal evidence seems to support that contention in the short term. The missing statistic in the Trek report was bicycle ownership. The Trek survey data reporting opens with this phrase, " Of Americans who own a bike… " We wondered, " How m...