Wholesale Trade grew 4.9% adding 4462 employees over 1994. Increases were down slightly from a year ago. Durable Goods showed stronger growth than Nondurable Goods. Durable Goods increased 5.5% adding 3129 employees and Nondurable Goods rose 3.8% adding 1333. Growth distribution was split with Metro Denver gaining slightly better than half of the industry increases.
All components of Durable Goods grew over the year. Electrical Goods, which contain semiconductor devices, added almost one third of the 3129 employee gain to Durable Goods. Professional & Commercial Equipment & Supplies gained 614 employees with increases supported by expansions in the wholesaling of computers, peripheral equipment and software. Arapahoe county gained about 400 employees from January SIC changes. Overall the county added 810 employees in Durable Goods followed by increases of 496 in Denver county, 418 in Adams county, and 252 in El Paso county.
Increases in Nondurable Goods were greatest in Denver county up 597 employees and Boulder county up 414. Both counties gained employment through SIC reclassification and expansions. Within Nondurable Goods, sector changes were mixed. Since 1994 Apparel, Piece Goods & Notions, Farm-Product Raw Materials and Petroleum & Petroleum Products lost employment. Almost 50% of the gain in Nondurables occurred in Groceries & Related Products up 647 employees. Misc Nondurables added 461 employees.
|Bal. of State||25,805||26,054||25,988||28,147||29,913|
Colorado Employment and Wages (ES202) Annual Average 1995