The trade, transportation and
utilities industry dominates employment in Colorado, followed closely by the government sector, which has notably continued expanding in Colorado while contracting in most other states.
Not exact matches
We will also attempt to diversify across
industries throughout the portfolio, but this may not always be possible, as some emerging markets with less mature stock markets will have fewer companies in which to invest than U.S. investors may be used to (note that less - mature stock markets are often
dominated by banks and
utilities).
Services, Energy, Consumer Noncyclicals, and
Utilities are all
industries where there are increasing returns to scale, and where minimizing costs likely
dominate over trying to offer specialized products that add value.