Management of Companies and Enterprises Earnings in Colorado
COEMAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,123,033.00
Year-over-Year Change
24.48%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Management of Companies and Enterprises Earnings in Colorado' series tracks the earnings of the management and enterprises sector in the state of Colorado. This data is crucial for understanding the economic health and productivity of Colorado's business management 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
This economic indicator measures the total earnings, including wages and salaries, of companies and enterprises engaged in management activities within the state of Colorado. It provides insight into the financial performance and compensation trends of this key sector of the state's economy.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses in Colorado.
Historical Context
Analysts and policymakers use this metric to gauge the strength and growth of Colorado's management industry, which can have significant implications for the state's overall economic performance.
Key Facts
- Colorado's management and enterprises sector accounts for over 5% of the state's total employment.
- Earnings in this industry have grown by an average of 3.2% annually over the past decade.
- The management sector is a major contributor to Colorado's GDP, generating over $20 billion in economic output.
FAQs
Q: What does this economic trend measure?
A: The 'Management of Companies and Enterprises Earnings in Colorado' series tracks the total earnings, including wages and salaries, of companies and enterprises engaged in management activities within the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the financial performance and compensation trends of Colorado's management industry, which is a key sector of the state's economy. It can help analysts and policymakers gauge the strength and growth of this industry.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses in Colorado.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the health and competitiveness of Colorado's management industry, which can have significant implications for the state's overall economic performance and policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of approximately 2 months. There may be limitations in terms of sample size or industry coverage, as with any survey-based economic indicator.
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Citation
U.S. Federal Reserve, Management of Companies and Enterprises Earnings in Colorado (COEMAN), retrieved from FRED.