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Industry Briefing:

Manufacturing is a cornerstone of Colorado’s economy — dynamic, high-tech, and diverse. The state boasts a blend of large corporations and thousands of small manufacturers driving innovation across sectors from aerospace to industrial ceramics.

Economic Output (GSP):

  • Manufacturing contributed $28.76 billion to Colorado’s GDP in Q3 2024

  • Accounts for ~5.3% of total state economic activity
    (Source: Federal Reserve Bank of St. Louis)

 

Employment & Wages:

  • ~135,000 workers employed in manufacturing statewide

  • Average annual wage: $119,426 (vs. statewide average of $94,583) (Source: NAM / Bureau of Labor Statistics)

 

Exports (2023): $9.8 Billion 

Top export categories:

  • Machinery

  • Electronics

  • Food products

  • Aerospace components

  • Medical devices​​​

Small & Mid-Sized Manufacturers: The Backbone of Colorado Industry​.

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  • Colorado has over 5,000 manufacturing businesses, the majority of which are small to mid-sized enterprises (SMEs)

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  • These firms are key suppliers and innovators in:

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  • Precision machining

  • Custom electronics

  • Aerospace components

  • Additive manufacturing (3D printing)

  • Outdoor gear and textiles

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