a closer look at changes in Colorado GDP

I wrote the other day about the state’s recent economic growth from 2010-2011, relative to the rest of the country. Today I break the analysis down within the state to identify the composition of the 1.9 percent growth in state GSP. This data is from the US Bureau of Economic Analysis.

Over the past year, the state’s largest growth contributors were Information, Professional, Scientific and Technical Services and Durable Goods Manufacturing, with the three sectors accounting for 1.16% growth in the state economy. Real estate, rental and leasing, AFF and Utilities were the industries with the largest drag on the state economy.

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