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New Mexico

  • Grading Texas education requires a closer look behind the numbers

    The adequacy of the Texas educational system, which enrolls more than 5.5 million children in public kindergarten-through-12 schools, has been a recurring source of concern in the state.

  • Second quarter 2025

    Southern New Mexico Economic Indicators

    Employment in Southern New Mexico grew in the second quarter. The unemployment rate fell but remained higher than the state and nation.

  • Energy Indicators

    Production from OPEC+ member countries is increasing. That’s keeping downward pressure on oil prices, tempering the impact of recent attacks on Iran by Israel and the United States.

  • Energy Indicators

    Retail gasoline and diesel prices continue to decline. Motor gasoline consumption remains in line with historic trends, and distillate fuel consumption dipped significantly in the first half of 2025. Natural gas liquids production continues to grow, as do exports.

  • Agricultural Survey

    Bankers responding to the second-quarter agriculture survey reported mildly improved conditions across most regions of the Eleventh District.

  • Energy Indicators

    Texas solar power generation grew faster compared to other fuel types in 2024, although natural gas and wind generation continue to make up the highest shares of Texas’ electricity grid.

  • Eleventh District banks rely on core business, stay profitable as loan growth softens

    Banks in the Federal Reserve Eleventh District have adapted to rising interest rates, which have discouraged new borrowing and complicated the transition to higher-earning loan portfolios, while credit remains strong as borrowers continue to make payments amidst economic growth.

  • Santa Teresa port of entry navigates future during fraught time

    Jerry Pacheco, president of the Border Industrial Association in Santa Teresa, New Mexico, discusses his work attracting investment from private and public sources for the Santa Teresa project and its prospects in an environment of rapidly changing rules of trade.

  • First quarter 2025

    Southern New Mexico Economic Indicators

    Southern New Mexico’s economy grew robustly through April, exceeding both the state and the nation. Employment expanded at a stronger pace than the state and nation, while the unemployment rate ticked down to 4.3 percent in March.

  • Energy Indicators

    Energy executives surveyed by the Dallas Fed reported an increase in the price of oil needed to justify drilling, as economic uncertainty and planned production increases from OPEC+ nations pushed oil prices down.