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WHOLESALE

(50-51)

Employment change from last quarter+ .9
Employment change from year ago+ 3.9
Wage change from year ago+ 6.6

QUARTERLY

Wholesale Trade grew 0.9% over last quarter adding 834 employees. Durable Goods (50) added 439 employees and Nondurables (51) 395. Better than half of the increase in Durable Goods was found in Electrical Goods (506) up 263 employees. Subsector activity occurred mainly in Electronic Parts & Equipment (5065) with small increases occurring in a number of businesses. Lumber & Other Construction Materials (503) incurred the second largest increase adding 97 employees. Increases appear to be short term.

Groceries & Related Products (514), up 335 employees over last quarter, was the largest growing component of Nondurable Goods. Increases were due to expansions and short term activity in Groceries & Related Products Not Elsewhere Classified (5149) and Meat & Meat Products (5147). Groceries General Line (5141) incurred short term employment increases. Misc Nondurable Goods (519) dropped 208 employees. Every subsector declined. The larger losses in Farm Supplies (5191) and Flowers, Nursery Stock & Florists Supplies (5193) were effected by seasonal slack.


ANNUAL

Wholesale Trade grew 3.9% over a year ago adding 3637 employees. Durable Goods (50) attained the larger portion of new employees up 2546 and Nondurable Goods added 1091. All subsectors of Durable Goods registered annual growth. Electric Goods (506) gained the largest number of new employees, up 960. Growth took place over the year but was enhanced by the addition of 174 from Manufacturing SIC changes in January. Professional & Commercial Equipment & Supplies (504), up 731 employees, and Lumber & Other Construction Materials (503), up 418, also registered strong yearlong growth.

About half of the 1091 employees added to Nondurable Goods (51) over the year came from Groceries & Related Products (514). Groceries & Related Products, up 568 employees, experienced some growth in the last two quarters but took on about 300 employees in January from SIC changes. Misc Nondurable Goods (519) grew 373 employees. Farm Supplies (5191) and Misc Nondurable Goods Not Elsewhere Classified (5199) reflected the largest subsector growth.


Colorado Employment and Wages (ES202) Third Quarter 1995