Trying to find industrial bays and buildings for rent in Colorado? Go through the listings above and locate the ideal space for you.Colorado is a state located in the southwestern region of the United States and is known for its diverse economic landscape. It has a strong and growing economy with several key industries providing a significant contribution to its labor force and Gross Domestic Product (GDP). These industries include tourism, technology, agriculture, aerospace and defense, energy, and healthcare.
The tourism industry is one of the largest in Colorado and has been growing steadily over the past few years. This industry has a significant impact on the state's economy, with an estimated contribution of $21.9 billion and 161,000 jobs in 2021. (https://oedit.colorado.gov/press-release/colorados-tourism-economy-saw-growth-in-2021-according-to-annual-research-reports#:~:text=Total%20tourism%20spend%20in%202021,per%20Colorado%20household%20in%202021)
The state is home to numerous popular attractions, including the Rocky Mountains, Pikes Peak, Garden of the Gods, and several national parks.
The technology sector is also an important industry in Colorado, and the state is home to several major tech companies, such as Oracle, IBM, Google, and Microsoft. This sector contributes significantly to the state's economy, and according to the Bureau of Economic Analysis, it generated $48.2 billion in GDP in 2021.(https://www.cyberstates.org/pdf/press_releases/CompTIA_StateOfTechWorkforce2022_Colorado_PR.pdf)
Additionally, the technology sector employed over 200,000 people in the state in the same year. ((https://www.cyberstates.org/pdf/press_releases/CompTIA_StateOfTechWorkforce2022_Colorado_PR.pdf)
Colorado is also known for its strong agricultural sector, which contributes nearly $5 billion to the state's economy. The state is home to various crops, such as wheat, hay, potatoes, and sugar beets. Additionally, the livestock industry is also an important part of the state's economy, with cattle, sheep, and horses providing significant contributions.
The aerospace and defense industry is also an important part of Colorado's economy. This sector provides jobs for over 75,000 people in the state and contributes $7.5 billion to its GDP. The state is home to several military bases, such as Buckley Air Force Base, Peterson Air Force Base, and the Cheyenne Mountain Air Station. Furthermore, there are several aerospace companies located in the state, such as Lockheed Martin, Boeing, and Northrop Grumman.
The energy sector is also a major part of Colorado's economy. This sector is responsible for generating over $8.3 billion in GDP and employs over 42,000 people in the state. The state is home to several oil and natural gas reserves, as well as several renewable energy sources, such as wind and solar.
Finally, the healthcare industry is an important part of Colorado's economy