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Wholesale Trade




 Average annual employment in Wholesale Trade increased by 2.75% or 2,636 jobs from 1995. Significant increases occurred in both Durable and Non-Durable goods. Total wages increased by 7.7% and average wages increased by 4.8% to $37,785. Wholesale Trade accounts for 5.25% of employment and 6.95% of wages in the state. The number of establishments classified in wholesaling of Durable Goods increased by 161 to 7,764. Nondurable Goods establishments increased by 85 to 3,766.

 In Metro Denver, Durable and Non-Durable goods employment increased by 508 and 633 respectively. Sixty-eight percent of jobs in this division were in the Denver MSA. Their corresponding average wages increased by 5.7% and 3.6%. Wholesale Trade accounts for 6.7% of employment and 8.6% of wages in the five County area.

 The Lumber and other Construction Materials sector of Durable Goods experienced an increase of 599 employees from 1995 to 1996, reaching 5,225. Employment in the wholesaling of Lumber and Construction Materials averaged 3,533 in 1992. Another area within Durable Goods that experienced a sizable employment gain was Electrical Goods. This sector averaged 613 more jobs than the previous year reaching 9,028. The sector had an average annual employment of 6,466 in 1992. The largest declines in Durable Goods occurred in Professional and Commercial Equipment and Supplies, down 396 to 15,361 employees, and Miscellaneous Goods down 293 to 3,950 employees.

 The largest increases in Non-Durable Goods occurred in Drugs, Drug Proprietaries, and Druggists’ Sundries which increased by 14.5% or 374 jobs. Groceries and Related Products employment increased by 2.7% or 318 jobs. The only three digit SIC to record a decline from the previous year was Apparel, Piece Goods, and Notions which declined from 1,977 to 1,972. Employment related to the wholesale distribution of Wine and Distilled Alcoholic Beverages increased by 8.2% or 93 employees. Employment in the wholesale distribution of Petroleum and Petroleum Products increased by 33 jobs.

 Strength in the Wholesale Trade division was credited to several factors including population growth, increased manufacturing, and a booming construction industry.



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 19921993199419951996
Average Employment84,37486,37491,23995,70198,337
Total Wages$2,730,088,961$2,849,449,640$3,132,031,813$3,450,113,739$3,715,682,027
Percent of Total Emp.5.36%5.22%5.25%5.28%5.25%
Percent of Total Wages6.90%6.71%6.89%7.02%6.95%