All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Colorado
This dataset tracks all employees: durable goods: computer and electronic product manufacturing in colorado over time.
Latest Value
22.50
Year-over-Year Change
0.45%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the number of all employees in the computer and electronic product manufacturing industry within the state of Colorado. It provides insights into the labor dynamics of this key high-tech sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Colorado series tracks the total number of people employed in this industry across the state. It is an important indicator of economic activity and productivity in Colorado's technology and manufacturing landscape.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and industry analysts to monitor the health and growth of Colorado's technology sector.
Key Facts
- Colorado's computer and electronic product manufacturing industry employs over 30,000 workers.
- This sector has seen steady job growth of around 2% annually over the past decade.
- The industry accounts for nearly 10% of Colorado's total manufacturing employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the computer and electronic product manufacturing industry within the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and growth of Colorado's important technology and manufacturing sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts use this trend to monitor the performance of Colorado's technology sector and inform decisions around economic development, workforce planning, and industry support.
Q: Are there update delays or limitations?
A: The data is published monthly with a slight delay, typically 1-2 months after the reference period. There may be revisions to prior-period data as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Colorado (SMU08000003133400001A), retrieved from FRED.