Economic Momentum Continues to Build Across New Mexico

March 7, 2019

The New Mexico labor force is growing and unemployment is dropping. Over-the-year job growth from December 2017 to December 2018 was 33% faster than the country as a whole and New Mexico was sixth in the nation for our drop in the unemployment rate.

New Mexico Public Schools Win Big With Latest Oil and Gas Lease Sale

February 21, 2019

When the bids were tallied, the total came to $35.3 million. This makes it the second highest single-month yield in the agency’s history after November 2018, when the monthly lease sale brought in $43 million.

NM4EP Releases Video Highlighting Benefits of State Land Activity in New Mexico

February 13, 2019

This video is part of a new educational campaign from NM4EP describing how the responsible use of state lands – be it energy, agriculture, recreation, or many other activities – is benefiting all New Mexicans.

New Report Shows Oil and Gas Supported $1.1 Billion for New Mexico Education

February 12, 2019

Compared to the previous fiscal year, the oil and gas industry generated $128 million more for education in FY 2018. That additional revenue would be enough to hire 2,300 new teachers.

Business booms after Facebook plants roots in New Mexico town

February 8, 2019

On top of the 1,200 construction workers a day the project brings to Los Lunas, new businesses are also in place to set up shop.

Video game startup will make downtown Las Cruces its home

February 4, 2019

“Ganymede will create up to 51 new high-tech, high-wage jobs,” New Mexico Economic Development Secretary Alicia Keyes said, noting that its creative and administrative staff are anticipated to earn salaries up to $150,000 annually.

New Poll Shows Support for NM’s Balanced Approach to Energy Development

February 1, 2019

When it comes to public lands and conservation, we should continue to pursue economic prosperity through responsible development, which is exactly what we’ve proven we can do here in New Mexico.

Startup automating water systems on Navajo ranches

January 28, 2019

NMSU estimates the construction phase alone for the first five ranches will create about a dozen jobs with a $1.2 million economic impact. Once completed, the project could create more than 400 jobs with an annual impact of up to $36 million.

Kane Robotics launches in ABQ

January 25, 2019

The company expects to hire about 20 engineers and technicians over the next two years who will work with Build with Robots to program collaborative robots, or cobots, for specific aerospace tasks.

Study Shows New Mexico Receiving High Value from Oil and Gas Production

January 21, 2019

New Mexico is getting, by far, more government revenue out of its oil and gas industry’s production value than any other state studied.