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The economy of Colorado is ranked 20th largest in the United States in 2008. According to The Bureau of Economic Analysis, the gross state product estimates for 2008 was $248.6 billion. Colorado's per capita personal income in 2003 was $34,561, putting Colorado 8th in the nation.

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  • Economy of Colorado
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  • The economy of Colorado is ranked 20th largest in the United States in 2008. According to The Bureau of Economic Analysis, the gross state product estimates for 2008 was $248.6 billion. Colorado's per capita personal income in 2003 was $34,561, putting Colorado 8th in the nation.
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  • Corn production in Colorado
country
  • Colorado
expenses
  • $7,722 million
revenue
  • $8,586 million
gdp
  • 3.427E11
Gini
labor
per capita
  • 48730.0
poverty
  • 13.7
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  • no
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  • The economy of Colorado is ranked 20th largest in the United States in 2008. According to The Bureau of Economic Analysis, the gross state product estimates for 2008 was $248.6 billion. Colorado's per capita personal income in 2003 was $34,561, putting Colorado 8th in the nation. The state's economy broadened from its mid-19th century roots in mining when irrigated agriculture developed, and by the late 19th century, raising livestock had become important. Early industry was based on the extraction and processing of minerals and agricultural products. Current agricultural products are cattle, wheat, marijuana, dairy products, corn, and hay. In the second half of the 20th century, the industrial and service sectors have expanded greatly. The state's economy is diversified and is notable for its concentration of scientific research and high-technology industries. Other industries include food processing, transportation equipment, machinery, chemical products, minerals such as gold and molybdenum, and tourism. Denver is an important financial center.
spelling
  • US
unemployment
  • 3.0
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  • no
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