Industry in Colorado Springs, CO

The economy in Colorado Springs is primarily driven by the military, high-tech industries, and tourism. While the primary source is the military, which does not mean that the city is dependent on it. The city is currently expanding its horizons as it grows in the service sectors. As a result of this, Colorado has been identified as one of the nation's top ten fastest growing economies.

The defense industry has the largest number of dedicated employers that work on the development and operation of various projects of the missile defense agency.

However, while all of this may be true, another large chunk of Colorado Springs' economy comes from the high tech and manufacturing complex electronic equipment. Due to the slowdown in tourism, the high tech sector ranks second after the military. Because of Colorado Springs' central location, there is a large surplus of highly educated workers and business friendly climates. There are several companies that plan to expand their current operations in Colorado Springs, or consider Colorado Springs as a competitive area for relocating or opening a business.