Primary employers are the economic engine of the local economy. There are about 210 primary employers in the Longmont area with more than 11,000 primary jobs. Because of their higher wages (The average wage of a primary job in Longmont is about $98,000 annually) they support the secondary jobs that provide the goods and services we need locally. How? By providing the direct income we use to buy the necessities of life (e.g. food, shelter, transportation) and the discretionary income to buy the goods and services we want (electronics, haircuts, clothes, cleaners, art, sporting goods, etc.). This means that primary wages support an additional two non-primary jobs in the community and primary employers generate annual wages of more than $900 million in Longmont each year.
The points on the sidebar to the right reflect some of the direct impact of primary wages. The economic impact figure represents that portion of wages that are paid to local residents who hold jobs in Longmont.
Dot Hill Systems with its headquarters in Longmont, is part of our Computer Products and Peripherals Cluster, which employs over 1,900 in Longmont.
528 Main Street Longmont, CO 80501 phone: 303-651-0128 fax: 303-682-5446 © 2013 Longmont Area Economic Council. All rights reserved.