New Mexico's economic outlook continues to improve

14 Jun 2021


News

ALBUQUERQUE, N.M. – State lawmakers received a promising update about New Mexico's economy during a state interim committee meeting Monday. 

New Mexico businesses are expanding, according to the update. Intel, for example, is adding 700 new jobs.

"We feel like this investment, which is an additional 700 jobs and 3.5 billion dollars of CapEx that they're going to spend, is not only going to be a huge uplift for that community of Rio Rancho and Albuquerque, but it's also going to put this facility in line for potential federal funding,” said Alicia Keyes, cabinet secretary of the Economic Development Department. 

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