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Unformatted text preview: her than the average private-sector wage. The computer and electronic products subsector is the state’s largest exporter in terms of value of goods sold to other countries. Since peaking at the beginning of 2001, Colorado has lost more than half of its jobs in the subsector. Thus, the expansion and job growth that began in the middle of 2010 has been one of the bright spots in Colorado’s economy. The subsector added 800 jobs in 2011, a 3.5% gain. The increase has been driven by a rebound in economic activity worldwide, and Colorado companies have found ways to compete with producers overseas. Business investment in technology has been strong as firms have endeavored to become more efficient in the current economic climate. In addition, continued expansion of internet usage and solid consumer 2012 Colorado Business Economic Outlook demand for new and innovative electronic devices has helped bolster the industry. an $80 million NASA contract to develop a low orbit commercial aircraft called Dream Chaser. However, slowing economic activity and heightened uncertainty has b...
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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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