Chile is more than agriculture

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By Harold Morgan


The standard economic numbers provide little help understanding the reality of the New Mexico economy. 

We have manufacturing, but manufacturing of what? Gross domestic product figures give some insight. The GDP reports the money, the value added in each industry. Manufacturing generates 7 percent of the money produced here with, the DWS job figures say, 4 percent of the wage jobs. The secret is that computer and electronic manufacturing is responsible for 69 percent of the value of manufacturing products. Much of that comes from the Intel plant in Rio Rancho.

Then there is printing, a “manufacturing industry” but mostly serving the same primary sector support function as do dry cleaners.

Let’s try some logic. 

What counts is the linkage, the thing bringing economic activity together. For me, most work done in our state lies within two very general and overlapping frameworks—science and everything coming from the land and the people, the cultures.

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