Economy Of Colorado
The economy of the US state of Colorado according to The Bureau of Economic Analysis gross state product estimates for 2008 was $ 248.6 billion. The Colorado economy ranked 20th largest in the United States in 2008. Per capita personal income in 2003 was $34,561, putting Colorado 8th in the nation. The state's economy broadened from its mid-19th century roots in mining when irrigated agriculture developed, and by the late 19th century, raising livestock had become important. Early industry was based on the extraction and processing of minerals and agricultural products. Current agricultural products are cattle, wheat, dairy products, corn, and hay.
Read more about Economy Of Colorado: Federal Influence, State Taxes, Denver's Economy, Geography and Trade, Agriculture
Famous quotes containing the words economy and/or colorado:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“I am persuaded that the people of the world have no grievances, one against the other. The hopes and desires of a man who tills the soil are about the same whether he lives on the banks of the Colorado or on the banks of the Danube.”
—Lyndon Baines Johnson (1908–1973)