Table 3. Number of private sector establishments by direction of employment change, annual March to March

New Mexico

Total private

                                               Establishments gaining jobs              Establishments losing jobs
Year ended            Net change(1)     Total     Expanding      Opening         Total     Contracting    Closing
                                               establishments establishments            establishments establishments

March 1994                 1,224       15,527        10,567        4,960        11,793          8,057       3,736
March 1995                 3,657       17,012        10,740        6,272        11,790          9,175       2,615
March 1996                -1,915       15,076        10,590        4,486        15,988          9,587       6,401
March 1997                   413       15,458        10,360        5,098        14,371          9,686       4,685
March 1998                   504       15,599        10,483        5,116        14,314          9,702       4,612
March 1999                   266       15,499        10,509        4,990        14,648          9,924       4,724
March 2000                    75       15,599        10,763        4,836        14,506          9,745       4,761
March 2001                   272       15,642        10,538        5,104        14,962         10,130       4,832
March 2002                    12       15,215        10,299        4,916        15,074         10,170       4,904
March 2003                   237       15,457        10,584        4,873        14,750         10,114       4,636
March 2004                   640       16,232        11,080        5,152        14,351          9,839       4,512
March 2005                   261       16,608        11,412        5,196        14,982         10,047       4,935
March 2006                 1,201       17,456        11,726        5,730        14,845         10,316       4,529
March 2007                   617       17,461        11,843        5,618        15,685         10,684       5,001
March 2008                   514       17,061        11,453        5,608        16,558         11,464       5,094
March 2009                -1,074       14,422         9,495        4,927        19,273         13,272       6,001
March 2010                  -625       14,056         9,359        4,697        17,511         12,189       5,322
March 2011                  -210       15,344        10,588        4,756        15,681         10,715       4,966
March 2012                    71       15,870        10,926        4,944        15,282         10,409       4,873
March 2013                   166       16,617        11,831        4,786        14,771         10,151       4,620
March 2014                  -119       16,164        11,105        5,059        16,078         10,900       5,178
March 2015                   837       17,404        11,671        5,733        15,354         10,458       4,896
March 2016                   449       16,488        11,215        5,273        15,925         11,101       4,824
March 2017                   247       16,525        11,382        5,143        16,068         11,172       4,896
March 2018                   433       16,870        11,533        5,337        15,969         11,065       4,904
March 2019                   183       16,815        11,575        5,240        16,257         11,200       5,057
March 2020                   542       17,273        11,428        5,845        16,930         11,627       5,303
March 2021                  -109       16,165        10,340        5,825        19,652         13,718       5,934
March 2022                 1,619       20,820        13,560        7,260        15,894         10,253       5,641
March 2023                   634       20,349        12,938        7,411        17,679         10,902       6,777
 
(1) Net change is the difference between the number of opening establishments and the number of closing establishments.