Quarterly Economic Summaries
Q4 FY22 summaries for N.M. and each county now available.
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Advancing New Mexico
Learn about available resources from the state.
Q4 FY22 summaries for N.M. and each county now available.
Learn about available resources from the state.
EDD is working with the N.M. Department of Finance to provide transparency related to federal grants management and public access.
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.
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.
Places:
Ready to Talk?
Our regional economic development expert can help with your professional questions.
Tim Hagaman
Mora Office
(505) 862-2322
Tim.Hagaman@edd.nm.gov
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.
Places:
Ready to Talk?
Our regional economic development expert can help with your professional questions.
Lorraine Ruggles
Bernalillo Office
(505) 490-7662
Lorraine.Ruggles@edd.nm.gov
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.
Places:
Ready to Talk?
Our regional economic development expert can help with your professional questions.
Albuquerque Office:
Max Gruner
(505) 412-5036
Tribal Liaison
Max.Gruner@edd.nm.gov
Yuriria Morales
(505) 479-2308
Yuriria.Morales@edd.nm.gov
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.
Places:
Ready to Talk?
Our regional economic development expert can help with your professional questions.
Jim Lucero
Portales Office
(575) 749-5336
Jim.Lucero@edd.nm.gov
Kevin Wilson
Roswell Office
(575) 416-7709
Kevin.Wilson@edd.nm.gov
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.
Places:
Ready to Talk?
Our regional economic development expert can help with your professional questions.
Las Cruces Office:
Louise Marquez
(575) 430-1232
Louise.Marquez2@edd.nm.gov
Julia Brown
(575) 419-0499
Julia.Brown@edd.nm.gov
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.
Places:
Ready to Talk?
Our regional economic development expert can help with your professional questions.
Peter Mitchell
Santa Fe Office
(505) 827-2199 or (505) 570-7796
Peter.Mitchell@edd.nm.gov
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.
“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.
“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.”
Around 300 households and businesses in the Village of Magdalena will receive broadband service with speeds up to one gigabit thanks to money from a New Mexico pilot program. #NMEcon #broadband https://t.co/jbkzfm9Lsu
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“One of the disruptive revolutionary leaders in entertainment choosing New Mexico as one of their production hubs has put us on the map for everyone else,” Amber Dodson, @NMFilmOffice #NMFilm #NMEcon
Read MoreNew Mexico Awarded Best in Travel 2023 by @lonelyplanet. "The Land of Enchantment casts a bewitching spell." #NMEcon @NMMainStreet @NMoutdoorrec @NMFilmOffice
Read MoreOutdoor Rec industry is a powerhouse in NM! Employing 28,475 last yr, an 18.2% increase from 2020, 5% more than the natl avg. NM ranked 5th in the US for employment in the sector and generated $1.2B in income. #NMEcon #NMOutdoors @NMoutdoorrec ...
Read MoreRT @NMMainStreet: Did you know Small Business Saturday on Nov. 26 is a New Mexico Gross Receipts Tax Holiday? For this one day, the state s…
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State awards multi-million-dollar grant to local coop for broadband through the Connect NM Pilot Program using ARPA funds. #NMEcon #Broadband https://t.co/UAoa47RhN9
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State awards $2.8 million in debt relief to working healthcare professionals in high-need, rural communities. #NMEcon @NMHED https://t.co/BV7ePDYrNV
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NM outpaces US and most other states in growth of outdoor economy - both in percentage increase in jobs and overall GDP. #NMEcon #NMOutdoors @NMoutdoorrec @NMMainStreet
Read MoreNew Mexicans Have 5 Days Left to Apply for Assistance from FEMA for those impacted by wildfires. The final deadline Nov. 7. FEMA can help with temporary housing, rebuilding homes, replacing property and more. #NMEcon Apply online https://t.co/6rhXQn...
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This is a genius use of resources! New media school opening in Raton will teach skills across the industry. Improving career outlooks and offering valuable education in Northern New Mexico. #NMEcon
Read MoreNew Mexico Economic
Development Department
Joseph M. Montoya Building
1100 S. St. Francis Drive
Santa Fe, NM 87505-4147
Mailing Address:
New Mexico Economic
Development Department
P.O. Box 20003
Santa Fe, NM 87504-5003
Main number: (505) 827-0300 (se habla español)
Fax: (505) 827-0328
The mission of the New Mexico Economic Development Department 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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