What does the green industry contribute to the Colorado economy? Email
Colorado Green NOW
Written by Kristen S. Fefes, CAE   
Tuesday, February 21, 2017 04:00 AM


fall landscape
A study released in January 2017 by Colorado State University researchers reveals information about the sales, job growth, and wages within the Colorado green industry. Allison Bauman and Dr. Dawn Thilmany McFadden, of CSU’s Department of Agriculture and Resource Economics, published “Economic Contribution of the Green Industry to Colorado’s Economy: A 2016 Update.”


An executive summary of the study offers the following key findings:

  • The total economic contribution of Colorado’s green industry in 2015 was $2.8 billion
    • Landscaping services contributed $716 million of that total, second to nursery, garden center and farm supply stores ($980 million).
  • From 1999 to 2015, Colorado’s green industry grew by 90% from $900 million in sales to $1.7 billion. Since 2011, the industry has grown by 24%, outpacing the economic growth of the state during the same time period by 8%.
    • As of 2015, Colorado’s green industry has recovered to pre-recession sales levels with 2015 sales 2% higher than 2007 sales (despite a notable dip for several years following 2008).
    • Nursery, garden center, and farm supply stores and landscaping services comprise over half of all green industry sales, representing 30% and 22% of total sales, respectively.
  • From 1999-2015 green industry employment in Colorado grew by 23%, from 35,000 to 43,000, outpacing employment growth across the state by 4%.
    • Despite this growth, employment has not yet recovered from pre-recession levels, with 2015 green industry employment levels remaining 1% below 2007 levels.
    • Landscaping services provide the largest share of green industry jobs, accounting for 48% of green industry employment.
  • From 1999-2015 green industry wages have increased by 87% from $636 million to $1.5 billion. Pre-recession wages peaked in 2007 at $1.3 billion and since that time have increased steadily to $1.5 billion, a 14% increase.

Read the full study.

Read more in this issue of Colorado Green NOW:
Protect yourself and your employees while on the job
ProGreen EXPO enjoys another successful year
Consumers show strong interest in native plant use

Study findings defend landscape water use

 
powered by MemberClicks