State History Guide

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Colorado Economy

Historically, mining was the primary economic activity within the state of Colorado. Gold was first discovered here in 1858. Later, deposits of lead and silver were found. While gold is no longer extensively mined, oil, molybdenum (a mineral that makes steel hard and tough), and coal are important products to the state’s economy.

Colorado’s scenic, historic, and recreational areas make it a popular vacation destination. Resorts like those at Vail and Aspen attract visitors year-round. Tourism and related service industries provide valuable income for the state.

Agriculture also plays a significant role in Colorado’s economy. Important crops include sugar beets, barley, beans, corn, hay, potatoes, and sorghum.

Fruits and vegetable are also important crops. Livestock and livestock products include beef, pork, sheep, and turkeys.

Manufacturing continues to be a major source of income. Processed foods, computer equipment, transportation equipment, aerospace products, and fabricated metals are produced.

Colorado Economic Information from Teachersfirst.com

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Profiles resources and data , sorted by topics and by US states

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