The following list identifies the leading output per employee categories for Colorado. The list has been extracted from an IMPLAN database, www.implan.com. This database divides output and employment into 440 categories.
IMPLAN is an economic analysis tool that uses input-output analysis in combination with regional specific Social Accounting Matrices and Multiplier Models.
Total output for the model is $488,356,072,817 and employment is 3,235,493. Overall output per employee is $150,937.
There were at least 1,000 workers for each of the top 35 categories. A minimum of 1,000 workers was set because many small categories have a high output per employee that may not be sustainable if they were larger. Characteristics of this group of companies are:
• The range of output per worker is $322,539 to $3,206,588.
• Average output per employee is $562,606.
• Total employment is 190,042. This is 5.9% of the state total.
• Total output was $106,918,935,715. This is 21.9% of the state total.
Most of these categories include companies that provide primary jobs. They are mostly manufacturing or advance technology companies.
There were 132 categories with average output per employee greater than $322,539. Each of these categories had fewer than 1,000 workers.
• Total employment is 34,786. This is 1.1% of the state total.
• Total output was $47,425,590,085. This is 9.7% of the state total.
• Average output per employee is $1,363,337.20.
As was the case with the above category, most of these categories include companies that provide primary jobs.
Finally, there were 238 categories with average output per employee less than $322,539.
• Total employment is 3,010,664. This is 93.0% of the state total.
• Total output is $334,011,547,017. This is 68.4% of the state total.
• Average output per employee is $110,943.
This group provides a wide variety of companies and industries. Many of the categories with lower output per employee are retail operations or personal or business services. They are important to society for a variety of reasons, but they are drivers of the economy.
There were 35 categories with no employment or output.
Industry Codes with Leading Output per Employee for Colorado
| Rank | IndustryCode | Description | Employment | Output/Employee | % of State Average |
|---|---|---|---|---|---|
| 1 | 366 | Lessors of nonfinancial intangible assets | 1,664 | $3,206,588 | 2,124% |
| 2 | 234 | Electronic computer manufacturing | 1,189 | $1,485,686 | 984% |
| 3 | 55 | Fluid milk and butter manufacturing | 1,157 | $1,430,300 | 948% |
| 4 | 32 | Natural gas distribution | 1,099 | $1,363,518 | 903% |
| 5 | 133 | Pharmaceutical preparation manufacturing | 2,156 | $1,347,071 | 892% |
| 6 | 235 | Computer storage device manufacturing | 2,049 | $1,174,215 | 778% |
| 7 | 170 | Iron and steel mills and ferroalloy manufacturing | 1,518 | $1,144,157 | 758% |
| 8 | 243 | Semiconductor and related device manufacturing | 3,176 | $1,078,421 | 714% |
| 9 | 71 | Breweries | 3,651 | $1,048,101 | 694% |
| 10 | 225 | Other engine equipment manufacturing | 1,673 | $920,406 | 610% |
| 11 | 31 | Electric power generation, transmission, and distribution | 6,651 | $802,901 | 532% |
| 12 | 349 | Cable and other subscription programming | 3,596 | $791,950 | 525% |
| 13 | 28 | Drilling oil and gas wells | 2,823 | $768,501 | 509% |
| 14 | 70 | Soft drink and ice manufacturing | 1,956 | $736,120 | 488% |
| 15 | 190 | Metal can, box, and other metal container (light gauge) manufacturing | 1,052 | $680,582 | 451% |
| 16 | 351 | Telecommunications | 30,489 | $670,023 | 444% |
| 17 | 24 | Mining gold, silver, and other metal ore | 2,377 | $585,851 | 388% |
| 18 | 236 | Computer terminals and other computer peripheral equipment manufacturing | 1,769 | $541,175 | 359% |
| 19 | 345 | Software publishers | 14,165 | $496,019 | 329% |
| 20 | 283 | Motor vehicle parts manufacturing | 1,098 | $483,561 | 320% |
| 21 | 249 | Search, detection, and navigation instruments manufacturing | 2,520 | $481,246 | 319% |
| 22 | 248 | Electromedical and electrotherapeutic apparatus manufacturing | 3,307 | $460,979 | 305% |
| 23 | 222 | Turbine and turbine generator set units manufacturing | 1,214 | $437,374 | 290% |
| 24 | 333 | Transport by rail | 2,877 | $432,021 | 286% |
| 25 | 253 | Electricity and signal testing instruments manufacturing | 1,364 | $429,077 | 284% |
| 26 | 287 | Guided missile and space vehicle manufacturing | 6,128 | $426,830 | 283% |
| 27 | 158 | Glass container manufacturing | 465 | $405,217 | 268% |
| 28 | 254 | Analytical laboratory instrument manufacturing | 1,109 | $388,003 | 257% |
| 29 | 354 | Monetary authorities and depository credit intermediation activities | 31,465 | $368,257 | 244% |
| 30 | 10 | All other crop farming | 4,425 | $361,804 | 240% |
| 31 | 251 | Industrial process variable instruments manufacturing | 1,094 | $347,713 | 230% |
| 32 | 20 | Extraction of oil and natural gas | 34,047 | $331,039 | 219% |
| 33 | 352 | Data processing, hosting, ISP, web search portals and related services | 8,766 | $328,557 | 218% |
| 34 | 343 | Book publishers | 1,133 | $325,470 | 216% |
| 35 | 305 | Surgical and medical instrument, laboratory and medical instrument manufacturing | 4,819 | $322,539 | 214% |
| Other | 3,045,450 | $125,248 | 83% | ||
| Total | 3,235,493 | $150,397 |