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Job growth forecast bleak in New Mexico

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By Harold Morgon

Our four bigger cities didn’t make the grade. Neither did our smaller cities.
The grader was Sunset magazine. Passing the tests would have brought a place in Sunset’s group of 24 “Best Places to Live” in the West that is the magazine’s cover story for the February issue. “We’ve found the ideal city, town or neighborhood for you,” Sunset said proudly.
Albuquerque did get mentioned — as “the nearest major city” to Durango, Colo. Whoopie.
A small consolation for me is that Sunset’s city search started with “urban experts around the West.” Such people in my experience come with highly prescriptive notions of what is good (being walkable, whatever that means) and what is bad (cars).
Consolation aside, we’re not in the game, and that is bad. Nor is much expected to happen any time soon. That’s the tip of the forecasting iceberg from the University of New Mexico’s Bureau of Business and Economic Research (bber.unm.edu).
Lee Reynis, BBER director, presented the forecast Jan. 16 at the annual outlook conference in Albuquerque. The forecast was titled, “New Mexico Economy: Recent Developments and Outlook.”


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