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A recent Business on the Border luncheon in Las Cruces illustrated that the Mesilla Valley has fared better with job generation than both the national average and New Mexico as a whole — though it’s still behind the peak employment growth numbers of the mid-2000s.
At that luncheon, Christopher Erickson, Ph.D., from New Mexico State University’s College of Business, said that even though the country seems to be emerging from a staggering 20 months of recession, it will probably take about three years to catch up to pre-recession employment levels.
Economic developers in Southern New Mexico, however, see positive signs.
They are working with three manufacturing companies, two aerospace companies, two renewable energy companies, one food processing company, and one high tech company, all of which are considering moving to the region.
Together they could build 2 million square feet of office space and hire as many as 700 people if they choose Doña Ana County as their home.
Statewide observers hope Mesilla Valley’s positive trend echoes throughout the state.
The state’s economy is sensitive to changes in the energy market and the political arena, and its economic development depends, in part, on incentives to attract businesses.
State feels energy
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