How much manufacturers in Colorado spend on equipment

Equipment enables manufacturers to create almost every modern product, from the clothes on our backs to the cars we drive.

Acquiring the latest equipment and machinery consumes more than three-quarters of American manufacturers' annual capital budgets, Census Bureau data shows. U.S. manufacturers spent more than $135 billion on new and used equipment and machinery in 2021, according to the most recent Annual Survey of Manufactures. In all but one state, these expenses comprised more than 60% of manufacturers' annual capital expenses.

Machinery Partner analyzed equipment spending among manufact...