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<br />1=imer County's urban profile showed a high number of people engaged in
<br />retail trade. The manufacturing sector employed ahout 25 percent in 1987. Major
<br />employer~ in this category included Kodak Colorado, Hewlett.Packard, Woodward
<br />Governor, Teledyne Water Pik, Annheuser Busch, and the National Cash Register
<br />Corporation. The construction il1dustry employed nearly 10 percent, which reflects
<br />the continued rapid development of the area. Also, the county has been an
<br />important tourist area.
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<br />
<br />table 3-4. Colorado has seen a downturn ofellergy development in the 1980's that
<br />has spread to other areas of the economy.
<br />
<br />l'ableJ-4
<br />Unemployment Rate.. _ 1980 to 1989
<br />
<br />Tabl..J-J
<br />Employment by Industry
<br />
<br /> :tear Lar,i"".rCounty Colorado
<br /> (percent) (percent)
<br /> 1980 ... ,..
<br /> 19B1 ... ,..
<br /> 1982 '.0 ,.,
<br /> 1983 ... ..,
<br /> 1984 .., .-,
<br /> 1985 .., ...
<br /> 1986 .., ,-.
<br /> 1987 ... ,-,
<br /> 1988 ... '"'
<br /> 1989 .., ..,
<br />50uc"'" Colorado Diviaion of Local Government
<br />
<br />Lar~r County Percent Colorado Percent
<br />
<br />Aqri-Servie"s, Fishing,
<br />and Forestry no ,-, 6,474 0.'
<br />Hining '" ,.. 24,530 ,.,
<br />Conatruction 4.925 '-' 71,570 ..,
<br />Manutacturing 12.568 25.0 185,268 15.9
<br />Transportation. communi-
<br />cation, and Utilities 1,431 ,., 85,640 ,.,
<br />~holes..le Trade 1,928 ,., 77.977 ..,
<br />Retail Trade 13,621 2?6 212,N6 23.3
<br />Finane.., X.n8uranc..,
<br />and fl....l ~8tat'" 2,642 .., 101,733 ,.,
<br />Services 11,933 23.0 340,023 29.1
<br />Unclassified on 0.' 3,19b ,-,
<br />SOurCe, 'county Su..in....s Pattern., HB?, Colorado", U.S. Oepart",.nt
<br />of eomm..rc... Bureau of the Census.
<br />
<br />Economic activity forecasts for the Fort Collins-Loveland metropolitan statistic.a.l
<br />area (MSA) have been prepared by the U.S. Department of Commerce Bureau of
<br />Economic Analysis (BEA) in 1985. The MSA consists of Larimer County, and the
<br />forecasts are aggregated on a county-wide basis. These forecasts predict continued
<br />strong economic groYr1h in the area through 2000. Nonfarm income will be the
<br />dominant part of the economy, with major groYr1h forecast for manufacturing and
<br />service industries. State and loca1 government employment, which would include
<br />Colorado State University (CSU), is also e~pected 10 e~perience significant sroYr1h.
<br />
<br />UNE~f1'LOYl\fEI'\'T
<br />Larimer County has experienced a lower unemployment Tate in most years than
<br />Colorado as a whole. The county experienced the highest uoemployment Tate of
<br />7pcrcenl in 1982 during the recession of the early 1980's. Unemployment rates for
<br />Larimer County and for the State of Colorado from 1980 to 1989 are lislcll in
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<br />3-3
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