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<br />14 Conclusion
<br />
<br />Summaries of total Colorado
<br />income and employment are pre-
<br />sented in Table 4, along with gross
<br />sales estimates for the sectors in the
<br />farm and food system, In terms of
<br />labor and proprietor income, agribusi-
<br />ness sectors provided 4,69 percent of
<br />total state income, Total farm and
<br />food system income made up 9,85
<br />percent of the state total. These same
<br />sectors provided a larger proportion
<br />of employment in the state. Here,
<br />agribusiness furnished 6.52 percent of
<br />the state's employment and the farm
<br />and food system provided 19,13
<br />percent, about 1 out of every 5 jobs in
<br />Colorado,
<br />The V.S, Department of Agricul-
<br />ture annually estimates total cash
<br />receipts (sales) of farms and ranches
<br />(2), The third column of Table 2
<br />shows this estimate of $3,2 billion
<br />along with similar gross sales esti-'
<br />mates for the rest ofthe sectors in the
<br />Colorado farm and food system,
<br />Agribusiness sales represent about
<br />$11.5 billion, and sales reach $26,9
<br />billion in the total Colorado farm and
<br />food system.'
<br />Table 4 does not show a state
<br />total estimate of gross sales, The size
<br />of important sectors of the Colorado
<br />economy (for example Finance,
<br />Insurance, and Real estate; and
<br />Government) simply cannot be
<br />measured in terms of gross sales, This
<br />fact makes it impossible to character-
<br />ize farm and food system gross sales
<br />as a percent of total Colorado eco-
<br />nomic activity,
<br />While aggregate data indicate that
<br />the farm and food system contributes
<br />nearly 9,8 percent of the total state
<br />labor and proprietor income, 19,1
<br />
<br />5 Several limitations of these gross sales
<br />data are discussed in Appendix B, These
<br />data come from several sources, and the
<br />data for the different sectors are not all
<br />conC8fJtually similar, Sales of a given
<br />product are often counted at numerous
<br />points in the Farm and Food Secror- as
<br />a result the estimates of gross sales
<br />contain a considerable amount of
<br />double counting,
<br />
<br />Tabls 4: Summary of fai;m andfood sector contributions to the Cokwado
<br />economy, 1987-
<br />Sector Earnlng'l Employment Gross Sales
<br />Agribusiness Sectors: ($1,000) ($1,000)
<br />Agricultural Inputs 322,128 11 ,008 1,646,742
<br />Farm production 788,605 42,442 3,207,000 .
<br />Processing and Marketing 695,347 25,481 6,695,448
<br />Total Agribusiness $1,806,081 78,930 $11,549,190
<br />Percent of Total 4,69% 6.52% NA
<br />Food Wholesaling and Retailing 1,991,382 152,741 15,331,185
<br />Total Farm and Food System $3,797,463 231,670 $26,880,575
<br />Percent of Total 9,85% 19,13% NA
<br />All Other Sectors 34,746,210 979,428 NA
<br />State Total $38,543,673 1,211,Q99 NA
<br />
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