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<br />62. p<JNSTRuliTION. NANUFACTURI"'!. AND ov,J~ L l~mUf'.. "'g
<br />in COlorad,'",O excee~,ed ~griculture in v,',at,',ue f r th":~ill,',i.,',#st,, ~ii"lI!e in 1 54
<br />and has continuedito Increase up to the pre ent.l! ~'iJwe~~the yea l!
<br />1954 and 1958 forjexample, value added ,by m nufa, , ~e in'Colorado in-
<br />creased bY,' 6~.6 Plil:cent as compared w,ith a ain '.,~I,iS8 pe~cent for t~,e
<br />Rocky MountaIn re810n and 20 percent for th ,ent ,~li United States,
<br />Among theSO states, Colorado rankedfUth ill pe'f:!~ntage gain wit~ an
<br />increase from $548 million in 1954 to $805 ~i1li~iin 1958 on a constant
<br />1963 price level according to the U.S. Cens*s ofli,.,~nufacture. Th, 1961
<br />, statistics show all increase to $993 million Of!J~e major indust~ial
<br />groups, fP"Od and, It, indred products rarik firs ; mi,,' ~~,llane,O, us manufaCt, ur-
<br />ing, toys, sportsigoods, etc., second;'prin ing ]'~~ publishing, t~itd;
<br />machinery',' excepti electrical, fourth; and s one, ,Sl/lSS, /Ind clay prOd-
<br />ucts, fifth. OtMr important industries in orde' !of importance are the
<br />following: fabricated metal products, chern cal ~~d allied p'roduc~s,
<br />transportation equipment, electrical machin~ry, p~troleum and coal
<br />products, lumber and wood products, and furnitur~ [and fixtures. '1anu-
<br />facturingactivity within the study area wa~ 18.~~[percent of the!
<br />Colorado t,otal in: 1958. This decreased to t6.6 ~F,Ir,ce,nt in 1961. i
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<br />63. 'Therefore, it can be seen that th+ deg]e~ of industrial lac-
<br />tivity and manufao;:turing within the study area i:relativelY low,! How-
<br />ever, the~e are several manufacturing activ~ties,irt the area that I are
<br />important ,to the economy of the basin and t6 Colorado. One of th~
<br />largest s~ngle manufacturing establishments'in Colorado, the CF&IISteel
<br />Corporation mill, is located in Pueblo, Colo. Other important t~es of
<br />manufacturing in the area include food processing, cement manufacturing,
<br />newspaper "publishing, production of advertii;ing film, agriculturai
<br />implement~and equipment, primary smelting 9f orlil,; and lumber andlwood '
<br />products',i,The total value added by manufacture for 1958 in the.etonomic
<br />study arel\ was $1,46,745,000. It is estimat~d thtt this figure In reased
<br />to $165,000,000 by 1961. i :
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<br />64. Measured in constant 1963 dollars, the! 1960 value of bu~lding
<br />permits for the State of Colorado amounted to $354.1 million. Th~s
<br />figure represents a decrease of about 13 percent! from the 1959 fi*ure
<br />of $400. 6""PI", illion but about 29 percent increase fro,m the 1950 valve of
<br />$274.7 million. The peak construction year I for the study area wa~ 1955
<br />when the Value of building permits was $88.~5 mi1:lion. By 1960 tJ,is
<br />figure ha~dropped to $41.67 million. This 1 52.73ip,ercent decreas~ was
<br />probably due to the characteristic wide flu~tuatipns of the construction
<br />cycle. ,Evidence of a revival of construction activity in ColoradO after
<br />1960 would seem to indicate that the slump in the, study area was probably
<br />cyclical rather than the result of a chroni~ econpmic deficiency.'
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<br />65. GOVERNMFNT.- In 1940 public administra~ion and armed forces
<br />accounted,f?r 2,600 employees in the study frea o~ ,3.2 percent ofitotal
<br />employment In the area. By 1960 the figures wer~,22,300 employee~ and
<br />17.1 percent. ,This large,increase resu~tedlfromi~ncreases in State and
<br />local government employment as well as lncr~asesl1n general Feder~l
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