Strong growth across New Mexico counties reported in economic summaries
20 Jun 2025
News
The New Mexico Economic Development Department released its quarterly statewide and county Economic Summaries, which reflect strong economic growth across many of our target industry sectors, including green and sustainable energy, sustainable agriculture, advanced manufacturing, and international trade.
This quarter’s reports show a growth of over $2 million in Matched Taxable Gross Receipts (MTGR)* statewide from the first quarter to the second quarter of FY25. Year-over-year (YOY), MTGR increased by $1.33 billion, or 5%. Growth in the professional, scientific, and technical services industry was the leading factor in the increase.
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