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Unformatted text preview: 153.9 151.8 150.4 149.1 147.0 144.1 129.6 125.2 128.0 126.1 Industry a Revised. b Estimated. c Forecast. Sources: Colorado Department of Labor and Employment and Colorado Business Economic Outlook Committee. Prices are expected to rise sometime in spring
2012. While production will be helped by a weakening dollar, productivity gains will hurt employment. Looking ahead, the shutdown of a turkey
processing plant and the loss of 300 jobs at the end
of 2011 will reduce employment. This will be partially offset by Leprino Foods, which will complete
the second phase of a cheese plant in 2012 that is
expected to create 100 jobs. Overall, employment
in food manufacturing is expected to decline from
19,500 jobs in 2011 to 19,400 in the following year. The printing and publishing subsector continues
to undergo revisions to its business model. Three
factors explain the subsector’s evolution. First,
advances in desktop publishing, kiosks, and photoquality home printers have reduced the number of
limited run print job...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery