Quarterly Economic Summaries 

Q4 FY22 summaries for N.M. and each county now available.


Advancing New Mexico

Learn about available resources from the state.

New Mexico

Rich in Resources,
Natural & Supernatural

New Mexico

Rich in Resources,
Natural & Supernatural

EDD is working with the N.M. Department of Finance to provide transparency related to federal grants management and public access.

"Economic growth starts with neighborhoods and communities.​"
Cabinet Secretary, New Mexico Economic Development

By The Numbers

$ 1 B
invested in the state by major film and TV studios like Netflix and NBC
sunshine-filled days
per year on average
national laboratories & major research universities

Explore New Mexico

The Community, Business & Rural Development staff (CBRD) are located in the regions they serve in every corner of the state.  They assist businesses and communities in a broad variety of economic development needs. Learn more about CBRD.

Northeast New Mexico

More plains than peaks, this region’s serene, short-grass prairie is dotted with hidden lakes. Once the domain of Santa Fe Trail pioneers and cattle barons, the northeast remains home to working ranches, dairy production, storied stops along Route 66, and the state’s large portfolio of wind farms.


  • Angel Fire
  • Cimarron
  • Clayton
  • Eagle Nest
  • Las Vegas
  • Mora 
  • Mosquero
  • Raton
  • Santa Rosa
  • Tucumcari

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Tim Hagaman
Region 4 Representative
(505) 862-2322

Northwest New Mexico

This region is home to many of New Mexico’s tribes, pueblos, and nations including the Navajo Nation, Zuni, the state’s largest pueblo, and the Jicarilla Apache Nation. Internationally recognized arts and culture combine with outdoor recreation, plus oil & gas resources and a growing renewable energy portfolio, including a 50-megawatt facility slated to be the third-largest solar project on tribal land in the nation. 


  • Aztec
  • Bernalillo
  • Bloomfield
  • Cuba
  • Farmington
  • Gallup
  • Grants – Milan
  • Navajo Dam
  • Rio Rancho

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Region 1 Representatives:

Lorraine Ruggles
Bernalillo Office
(505) 490-7662

Keegan Mackenzie-Chavez
(505) 699-4966

Albuquerque & Surrounding Areas

Albuquerque, abbreviated as ABQ, is the most populous city in the U.S. state of New Mexico. Home to the University of New Mexico, Sandia National Laboratories, Kirtland Air Force Base, and several major healthcare employers, the economy of Albuquerque centers on science, medicine, technology, commerce, education, entertainment, and culture.


  • Albuquerque
  • Belen
  • Los Lunas
  • Moriarty

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Central New Mexico Representative (Region 3):

Yuriria Morales
(505) 479-2308

Southeast New Mexico

Known for its stunning outdoor recreation, this region offers epic blue skies, snowy mountain peaks, incredible vistas at White Sands National Monument, and the irresistible spectacle of Carlsbad Caverns National Park. Industries include oil and gas, tourism, and energy, along with arts, culture, and history that range from fine art to the truly out-of-this-world UFO culture.


  • Alamogordo
  • Carlsbad
  • Cloudcroft
  • Clovis
  • Fort Sumner
  • Hobbs
  • Roswell
  • Ruidoso

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Region 6 Representatives:

Jim Lucero
(575) 749-5336

Kevin Wilson
(575) 416-7709

Southwest New Mexico

Traditionally a region for mining, agriculture, and trade, this region has significantly diversified while maintaining its roots. Agriculture and value-added production, including around its world famous green chile and pecans, play a major economic role in the region as does aerospace and aviation, arts and culture, and a quickly growing port of entry with Mexico. Plus a more galactic port of entry in the form of Spaceport America.


  • Bayard
  • Bernardo
  • Chloride
  • Columbus
  • Deming
  • Elephant Butte
  • Glenwood
  • Hatch
  • Hillsboro
  • Hurley
  • Kingston
  • Las Cruces
  • Lordsburg
  • Magdalena
  • Mesilla
  • Pie Town
  • Rodeo
  • Santa Clara
  • Socorro
  • Silver City
  • Truth or Consequences

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Region 5 Representatives:

Louise Marquez
(575) 430-1232

Julia Brown
(575) 419-0499

North Central New Mexico

Known for tremendous natural beauty, northern New Mexico is home to mountain landscapes, natural hot springs, and wild rivers, all of which have drawn artists for generations to Abiquiú, Santa Fe, and Taos. Eight Native American pueblos dot the region, and six ski areas draw visitors for year-round recreation. Tourism and travel play a large part in the region economically, as does film & TV production, ranching, and outdoor recreation. 


  • Abiquiu
  • Cerrillos
  • Chama
  • Española
  • Los Alamos
  • Ojo Caliente
  • Questa
  • Red River
  • Santa Fe
  • Taos
  • Tierra Amarilla
  • Truchas

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Region 2 Representatives:

Peter Mitchell
(505) 570-7796

Paige Ryan
(505) 412-5036

Learn About Our Target Industries

An ideal climate, three national research laboratories, three US Air Force Bases, the internationally recognized Spaceport America, and three testing facilities plus 15,000 square miles of restricted air space all combine to create a superior environment for aerospace and aviation companies.

Latest News in Aerospace

Virgin Galactic founder Sir Richard Branson


“Our Virgin Galactic adventure has been intertwined with New Mexico and Spaceport America right from the start.

New Mexico will become one of the very few places on this beautiful planet of ours, which regularly launches humans into to space.”

With $5.75 billion being invested as part of production centers created by Netflix and NBCUniversal, New Mexico is a rapidly accelerating media hub and offers beautiful locations, history, culture, and one of the largest crew bases in the country, plus a very generous refundable tax credit.

Latest News

Netflix Co-CEO Ted Sarandos


New Mexico provides an outstanding production and business environment in close proximity to Los Angeles with some of the best crews and creative talent in the world.

It allows us to be more nimble in executing our production plans while cementing the status of the region as one of the leading production centers in North America.”

Our Team

Our mission is to improve the lives of New Mexico families by increasing economic opportunities and providing a place for businesses to thrive.

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