Sector employment in colorado is on track to grow 22

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Unformatted text preview: ector has grown about 1.7% year-to-date through September. Manufacturing in Colorado is a $17.3 billion industry, representing about 7.4% of the value of all goods and services produced in the state. Colorado was home to about 5,400 manufacturing establishments employing roughly 125,200 workers in 2010, representing 5.6% of the total employment base in the state. Most of these companies are small businesses. Indeed, nearly 80% of manufacturing companies employ fewer than 20 workers, whereas only about 30 companies have 500 employees or more. These numbers only take into account those businesses with employees. In addition, another 6,500 manufacturing businesses are classified as “nonemployer businesses,” the majority of which represent self-employed individuals. About one-quarter of these nonemployer businesses fall into the miscellaneous manufacturing category, which includes a diverse range of products, including medical equipment and supplies, jewelry, sporting goods, toys, and office supplies. Fabricated metal manufacturing, printing and related support activities, apparel manufacturing, and wood product manufacturing round o...
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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.

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