Information Earnings in Colorado
COEINF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,838,795.00
Year-over-Year Change
10.45%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Information Earnings in Colorado' trend measures average weekly earnings for workers in the information industry sector within the state of Colorado. This metric provides insight into economic conditions and productivity in a key industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The information industry sector includes companies and workers involved in publishing, telecommunications, data processing, and other information-related activities. Tracking earnings in this sector helps economists and policymakers assess the relative strength and competitiveness of Colorado's information economy.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Information industry earnings are closely watched as an indicator of Colorado's tech and innovation economy.
Key Facts
- Colorado's information sector accounts for over 5% of total state employment.
- Information industry wages in Colorado are around 50% higher than the statewide average.
- Colorado ranks among the top U.S. states for information industry employment concentration.
FAQs
Q: What does this economic trend measure?
A: The 'Information Earnings in Colorado' trend measures average weekly earnings for workers in the information industry sector within the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: Tracking information industry earnings provides insight into the strength and competitiveness of Colorado's tech and innovation economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Information industry earnings are closely watched as an indicator for policymakers and analysts assessing Colorado's economic performance and tech sector growth.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a short lag time for collection and reporting.
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Citation
U.S. Federal Reserve, Information Earnings in Colorado (COEINF), retrieved from FRED.