The strength of crude oil prices relative to natural gas prices has driven a dramatic shift in drilling activity from natural gas to oil across the region and within New Mexico. For Mexico, the list of major industries includes food and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables and tourism. New Mexico (spansk: Nuevo México) er en delstat i det sørvestlige USA, som grenser til Texas i øst og sør, Mexico i sørvest, Arizona i vest, Utah i nordvest, Oklahoma i nordøst og til Colorado i nord. During the late-2000s recession, New Mexico's unemployment rate peaked at 8.0% for the period June–October 2010. The New Mexico Tourism Department estimates that in Fiscal Year 2006, the travel industry in New Mexico generated expenditures of $6.5 billion. Helt i nordvest grenser New Mexico også mot Utah i det såkalte Four Corners, det eneste stedet i USA fire delstater har et felles grensepunkt. Adventure awaits at every corner. Research, Reports & Plans. New Mexico arts and cultural production industry value added to U.S. GDP 2001-2017 Real GDP growth rate in Japan Q1 2017-Q1 2020 Annual growth of the real GDP in California 2000-2019 The New Mexico economy depends on a strong oil and natural gas industry. New Mexico for Filmmakers, Film Workers, Entertainers, Artists, Crafts, Support Services & more. That was a record high, buoyed by record production and sales. State Sen. George Muñoz (D-Gallup) calls it a waste of money. Creative Industries Report Released for 2017 Measuring the Scope of the Nation’s Arts-Related Industries. New Mexico’s five food banks and the hundreds of food pantries around the state are in desperate need of healthy volunteers to help with sorting, packing and distributing food. In 2018, New Mexico had a population of 2.1M people with a median age of 38.1 and a median household income of $47,169. Rob Black. Find out what each area has to offer. New Mexico er en delstat sørvest i USA som ligger ved Rio Grandes øvre løp, og grenser i nord mot Colorado, i nordøst mot Oklahoma, i øst og sørøst mot Texas, i sør mot Mexico (provinsen Chihuahua) og i vest mot Arizona. About one-half of its economy is based on the service sector, while much of the remainder is centred on extractive industries (mining and oil production). This should be sobering news to New Mexico’s legislators, since nearly 45 percent — more than $3.5 billion — of the state’s general fund came from oil and gas revenues in 2019, according to New Mexico’s Legislative Finance Committee. Geografi. But “Big Oil” is not the only industry active in financing New Mexico politics. Located in Santa Fe, New Mexico, the New Mexico Forest Industry Association (NMFIA) was established in 2007 as a non-profit corporation. Submitted by Carol A. Clark on October 31, 2020 -7:36 am NMEW News: The oil and gas industry continues to be a major contributor to New Mexico political campaigns. This includes general construction work, electrical, mechanical and plumbing and LP gas. 44 talking about this. 20+ Ways ... research, partnership opportunities, toolkits, career opportunities, partner news and information on use of the “New Mexico True” brand. Economic Statistics. Oil and gas executives at some of New Mexico’s top operators said they were optimistic for the future of the industry, even during a market downturn led by the COVID-19 pandemic and talks of a national and statewide transition to renewable energy. Proposed rules by the energy agency deal with waste due to venting and flaring in oilfields. “We believe that industrial hemp is a growth industry that can benefit the economic development of northeastern New Mexico,” Highlands business professor Heath Anderson said. Although the mining sector employs a small percentage of the total workforce, the oil and gas industry contributes over $2 … Top 5 Industries in New Mexico: Which Parts of the Economy Are Strongest? CARLSBAD, N.M. (AP) — Economic analysts are warning that New Mexico could be unable to rely on its oil and gas industry as the market continues to struggle amid the COVID-19 pandemic. Retail. You find them all here in every one of New Mexico's six regions. Wilfred Herrera, Jr., urges the state to strengthen its proposed air quality rules. Grant Programs. New Mexico’s fossil fuel energy industry, led by oil development, has made a strong recovery since the recession. Mexico Manufacturing Industries. March 16, 2020. New Mexico includes the following metropolitan areas for which an Economy At A Glance table is available:. Key Industries Aerospace & Defense. Our free programs and services are funded primarily by revenue generated through the sale of donated clothing, housewares, furniture and more through our 15 stores and 14 donation centers . “I don’t think they get back anything,” says Muñoz. New Mexico’s largest employers represent a host of industry sectors from renowned federal and military research institutions, to major manufacturers, oil and gas companies, and homegrown restaurant chains to name just a few. Honors, Accolades & Rankings. At Goodwill Industries of New Mexico, we’re more than just a thrift store. Department Contacts. Manufacturing in Mexico continues to grow across most industries, both in size and sophistication and is the 12th largest exporter in the world. We are a federally recognized 501(c)(6) organization. New Mexico in the Media. 2. Toolkits. Historically a ranching and mining state, New Mexico’s natural resources still contribute significantly to its economy. Chart. Lujan Grisham’s administration has said New Mexico stands to have some of the most expansive rules for addressing methane and other emissions from the oil and gas industry after many meetings with industry experts and environmentalists. Please contact the food bank that serves your county to be matched up to opportunities close to home. Between 2017 and 2018 the population of New Mexico grew from 2.09M to 2.1M, a 0.352% increase and its median household income grew from $46,744 to $47,169, a 0.909% increase. Our Creative Industries: Business & Employment in the Arts reports provide a research-based approach to understanding the scope and economic importance of the arts in America.. New Mexico is the prime example of an American energy success story. The activities that are considered to be contracting in New Mexico are defined in the Construction Industries Licensing Act, NMSA 1978, Section 60-13-3. Visit New Mexico for a unique family vacation filled with exciting activities like skiing, hiking, shopping and sight seeing. He and Democratic Speaker of the House Brian Egolf […] Healthcare. Statista. Toolkits. Industry Partner News. Between May and September, a single lobbyist for Chevron doled out more than $760,000 in campaign cash to dozens of New Mexico state politicians, both Democrats and Republicans. Industry; New Mexico Industry The value of shipments by manufacturers in New Mexico exceeded $18 billion in 1997, with the highest growth rate of all states (114%) from 1992 to 1997. Space pioneers found New Mexico 75 years ago and the industry continues to grow here thanks to an... Biosciences. Additional information, including the hourly and annual 10th, 25th, 75th, and 90th percentile wages and the employment percent relative standard error, is available in the downloadable XLS file . We’re a local, nonprofit agency that helps New Mexicans find jobs and gain access to specialized social services. Native American culture abounds. Since the introduction of the North American Free Trade Agreement, or NAFTA, in the 1980s, Mexico’s economy has become increasingly manufacturing-based. Data extracted on: December 11, 2020 Source: U.S. Bureau of Labor Statistics Note: More data series, including additional geographic areas, are available through the "Databases & Tables" tab at the top of this page. How Industries Are Contributing To New Mexico Candidates. New Mexico - New Mexico - Economy: New Mexico is a comparatively poor state, ranking among the lowest in the country in per capita income. Contact: rblack @nmaci.org Born, and raised in New Mexico, Rob Black brings over eighteen years of experience and leadership in public policy, advocacy and economic development to his role as the President/CEO of the New Mexico Association of Commerce and Industry. President & CEO. U.S. exports from state of New Mexico. 1. According to NMBio.org, biosciences in New Mexico makes up more than one-half of all R&D conducted in the... Cybersecurity. "Employees on nonfarm payrolls in New Mexico in 2019, by industry (in 1,000s)." And history is created every day. Since 2007, the healthcare sector has seen a steady growth of 13 percent, adding nearly 15,000 new jobs. New Mexico These occupational employment and wage estimates are calculated with data collected from employers in all industry sectors in metropolitan and nonmetropolitan areas in New Mexico. Any one engaged in construction-related contracting in New Mexico must be licensed. 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