Skip to main content

New Mexico

  • Borderplex region

    El Paso, Juarez, Las Cruces: Cities representing three states, two countries, one community

    Dallas Fed President Lorie Logan's 360° Listening Tour is taking her to communities all around the Eleventh Federal Reserve District. The tour is helping deepen her understanding of the region’s people and economy by adding color and perspective that go beyond official statistics.

  • Economic Indicators

    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.

  • Dallas Fed Communities

    Funding to address broadband gaps in the Eleventh District

    This article examines Infrastructure and Investment Jobs Act funding distribution in Texas, Louisiana and New Mexico.

  • Economic Indicators

    Energy Indicators

    Coal power usage continues to decline in Texas. Solar power will be roughly half of all new electric-generation additions in both Texas and the U.S. in 2024, according to the Energy Information Administration.

  • Economic Indicators

    Energy Indicators

    Coal power usage continues to decline in Texas. Solar power will be roughly half of all new electric-generation additions in both Texas and the U.S. in 2024, according to the Energy Information Administration.

  • Economic Indicators

    Southern New Mexico Economic Indicators

    Las Cruces’ economy rebounded in fourth quarter 2023 after weakening in the third. Employment grew broadly, and the unemployment rate held steady. Hourly earnings declined in Las Cruces and New Mexico in 2023.

  • Economic Indicators

    Energy Indicators

    The U.S. rig count declined in 2023, natural gas prices declined, and oil prices held relatively steady. Large oil and gas exploration and production (E&P) firms are turning their attention to acquiring assets in 2024, while small firms are aiming to grow production.

  • Economic Indicators

    Energy Indicators

    Natural gas liquids (NGLs) production increased in 2023, and exports grew to new heights. U.S. chemical production improved in 2023, helped by easing input costs. The petrochemicals sector saw softening prices, and the basic chemicals sector saw increasing real export values. 

  • Economic Indicators

    Energy Indicators

    U.S. exports of liquefied natural gas (LNG) are expected to continue to grow into 2024. Global natural gas and heating oil prices are subdued as the winter outlook has moderated, while propane prices are increasing but remain significantly below last year’s levels.

  • Economic Indicators

    Energy Indicators

    Gasoline and diesel prices have come down since the end of summer, with gasoline prices seeing a stronger decline. A drop in gasoline consumption contributed to bloated gasoline inventories, while consumption of diesel is still relatively healthy, contributing to higher refining margins for the heavier product.