NEW MEXICO ECONOMIC
DEVELOPMENT DEPARTMENT

Quarterly data shows sustained economic growth statewide

SANTA FE, N.M. – New Mexico set another quarterly record high in spending, $8.67 billion, measured by Matched Taxable Gross Receipts (MTGR), in the fourth quarter of the 2023 fiscal year (April, May, and June 2023), according to the Quarterly Economic Summaries published by the New Mexico Economic Development Department (EDD) today.

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