The uniqueness of the Industrial sector, work force and Infrastructure has made the state a global technology hub. More of opportunities are opened for the state to redefine how economic development is accomplished.
According to a report, Colorado economy ranks as the second most promising high-tech economy in United States, ahead of California and other traditional technology hubs.
Social Indicators of Colorado Economy
The state owns a total geographical area of 104,094 sq mi. The total land area of the state is 103,718 sq mi and the total acres forested are 21.6 million.
The total population of the state according to July 2004 was 4,601,403 in comparison to 4,550,688 in July 2003. The net change of the population in 2002-03 was 1.1%.
The density of the population of the state is estimated at 43.9 per sq mi.
In 2000 the racial distribution was: 82.8% white and 3.8% black in the total population. The rate of unemployment in the state was 6% in 2003.
Business and Economy of Colorado
The Gross state product was $ 173.8 billions in 2001. The per capita personal income of the state in 2003 was $ 34,283.
Among the various sectors of the economy, the chief industries of the state include manufacturing, construction, government, tourism, agriculture, aerospace, and electronics equipments.
Chief manufacturing products of the state include computer equipment and instruments, foods, machinery and aerospace products.
Chief Crops of the state are corn, wheat, hay, sugar beets, barley, potatoes, apples, peaches, pears, dry edible beans, sorghum, onions, oats, sunflower and vegetables.
The major livestock of the state in Jan, 2004: 2.4 mil. Cattle/calves; 360,000 sheep/lambs; Jan 2003: 770,000 hogs/pigs.
Energy Production In Colorado
According to (est. 2003, kwh by source): Coal: 35.8 bil; Petroleum: 19 mil; Gas: 4.4 bil; Hydro electric: 946 mil; other: 58 mil.
Tourist Attraction Of Colorado
Schools, colleges and Universities
Homeowners may benefit from Denver property management provided by RentList.com
Further Readings