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New Mexico

  • Special Report

    Texas, Louisiana and New Mexico laying groundwork for greater internet connectivity

    While the digital divide is wide in poor and more isolated areas of Texas, Louisiana and New Mexico, concerted efforts are taking shape across the region to close it.

  • Economic Indicators

    Energy Indicators

    The annual U.S. Energy and Employment Report (USEER) from the Department of Energy shows solar dominated electricity generation employment in 2022 and petroleum lead fuels employment.

  • Economic Indicators

    Southern New Mexico Economic Indicators

    The Las Cruces economy grew moderately in the second quarter. Total nonfarm employment increased, but unemployment edged up.

  • Economic Indicators

    Energy Indicators

    Oil and gas executives expect West Texas Intermediate (WTI) crude oil to end the year as high as $80 a barrel. Employment growth in the oil and gas sector is increasing at a slower rate compared with last year’s period of heightened energy prices, but it is still at robust levels.

  • Economic Indicators

    Energy Indicators

    Oil prices were affected little by Saudi Arabia’s decision to cut 1 million barrels a day (mb/d) in July. Crude and other liquids inventories in developed nations have been declining over the past year but are expected to rise through the end of 2024.

  • Economic Indicators

    Energy Indicators

    In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d).

  • Economic Indicators

    Energy Indicators

    In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d).

  • Economic Indicators

    Southern New Mexico Economic Indicators

    Southern New Mexico’s economy slowed on many fronts during the fourth quarter. Employment, home listings, cross-border trade and the rig count dropped. However, unemployment continued to decline.

  • Economic Indicators

    Energy Indicators

    In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d).

  • Economic Indicators

    Energy Indicators

    The prices of many global energy products have come down since the start of the year. Global refined crude throughput has increased in the past year and is expected to continue to rise.