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New Mexico

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New Mexico Area Map AlbuquerqueFarmingtonLas CrucesSanta Fe

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News Releases:
Apr
10
Consumer Price Index, West Region — March 2024

Prices in the West Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.9 percent in March, the U.S. Bureau of Labor Statistics reported today.

Mar
13
Employer Costs for Employee Compensation for the Regions – December 2023

Private industry employer costs for employee compensation among the four regions of the country ranged from $38.48 per hour in the South to $52.32 in the Northeast in December 2023.

Mar
12
Consumer Price Index, West Region — February 2024

Prices in the West Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.4 percent in February, the U.S. Bureau of Labor Statistics reported today.

New Mexico Economy at a Glance:
New Mexico
Data Series Back
Data
Sept
2023
Oct
2023
Nov
2023
Dec
2023
Jan
2024
Feb
2024

Labor Force Data

Civilian Labor Force(1)

(r)967.2 (r)967.8 (r)968.4 (r)969.0 968.9 (p)968.8

Employment(1)

(r)929.4 (r)929.4 (r)929.9 (r)930.6 930.4 (p)930.7

Unemployment(1)

(r)37.8 (r)38.5 (r)38.5 (r)38.4 38.6 (p)38.2

Unemployment Rate(2)

(r)3.9 (r)4.0 (r)4.0 (r)4.0 4.0 (p)3.9

Nonfarm Wage and Salary Employment

Total Nonfarm(3)

872.7 875.6 877.9 881.1 882.3 (p)882.0

12-month % change

1.7 2.1 2.1 2.0 1.8 (p)1.5

Mining and Logging(3)

23.2 23.1 23.1 23.4 23.2 (p)23.4

12-month % change

5.5 4.1 3.1 4.0 3.1 (p)2.2

Construction(3)

53.3 53.8 53.7 53.8 53.5 (p)53.2

12-month % change

6.2 8.0 6.8 5.7 4.1 (p)3.3

Manufacturing(3)

28.4 28.5 29.0 29.5 29.3 (p)29.4

12-month % change

-2.1 -0.3 0.7 2.1 0.7 (p)1.7

Trade, Transportation, and Utilities(3)

146.3 145.5 146.0 147.0 146.6 (p)145.7

12-month % change

0.9 0.1 -0.1 0.5 1.2 (p)0.5

Information(3)

8.7 8.7 8.9 9.2 9.1 (p)8.9

12-month % change

-23.7 -20.9 -15.2 -14.0 -21.6 (p)-19.8

Financial Activities(3)

35.5 35.1 35.1 35.0 35.9 (p)36.0

12-month % change

-0.3 -1.4 -1.7 -1.7 0.6 (p)1.4

Professional & Business Services(3)

120.2 122.0 122.3 122.3 122.6 (p)122.2

12-month % change

2.0 3.3 3.6 3.8 3.4 (p)2.5

Education & Health Services(3)

144.6 144.9 145.1 145.6 146.1 (p)146.5

12-month % change

0.8 1.3 1.3 1.3 1.6 (p)1.5

Leisure & Hospitality(3)

99.2 99.1 99.6 98.9 98.2 (p)98.4

12-month % change

2.4 2.3 2.3 0.8 -0.3 (p)-1.0

Other Services(3)

27.9 28.2 28.0 28.3 28.5 (p)28.3

12-month % change

2.2 2.9 2.2 2.5 2.9 (p)1.4

Government(3)

185.4 186.7 187.1 188.1 189.3 (p)190.0

12-month % change

3.3 3.9 3.8 3.6 3.3 (p)3.9

Footnotes
(1) Number of persons, in thousands, seasonally adjusted.
(2) In percent, seasonally adjusted.
(3) Number of jobs, in thousands, seasonally adjusted.
(p) Preliminary
(r) Revised

Title BLS Subject Product Type Date Published
Albuquerque Area Economic Summary (PDF)
Benefits, Consumer price indexes, Consumer spending, Employment, Industry price indexes, Pay, Unemployment
Economic Summary Apr 2024
Southwest Consumer Price Index Indicators Consumer price indexes CPI Summary Apr 2024
Southwest - Labor Force Statistics Employment, Unemployment Table Apr 2024
Southwest - Employment Cost Index Benefits, Pay Table Apr 2024
Occupational Employment and Wages in Albuquerque — May 2021 Employment, Pay News Release Jul 2022
Occupational Employment and Wages in Las Cruces — May 2021 Employment, Pay News Release Jul 2022
Occupational Employment and Wages in Santa Fe — May 2021 Employment, Pay News Release Jul 2022
Fatal Occupational Injuries in New Mexico Workplace fatalities Table Jan 2024
Consumer Price Index, West Region — March 2024 Consumer price indexes News Release Apr 2024
CPI Historical Table - West Region (PDF) Consumer price indexes Table Jul 2019
Southwest Fatal Occupational Injuries by State Workplace fatalities Table Jan 2024
Southwest Occupational Injury and Illness Rates by State Workplace injuries and illnesses Table Jan 2024
County Employment and Wages in New Mexico — Fourth Quarter 2022 Employment, Pay News Release Jun 2023
Southwest Consumer Price Index Indicators (PDF) Consumer price indexes CPI Summary Apr 2024
Employment Indicators In Southwest States (PDF) (PDF) Employment, Unemployment Table Jun 2022
Employment Indicators in Selected States Employment, Unemployment Table Jun 2022
Employer Costs for Employee Compensation for the Regions – December 2023 Benefits, Pay News Release Mar 2024
Las Cruces Area Economic Summary (PDF)
Benefits, Consumer price indexes, Consumer spending, Employment, Industry price indexes, Pay, Unemployment
Economic Summary Apr 2024
Employer-Reported Workplace Injuries and Illnesses in New Mexico — 2022 Workplace injuries and illnesses News Release Jan 2024
New Mexico Job Openings and Labor Turnover — December 2023 Employment News Release Feb 2024
Santa Fe Area Economic Summary (PDF)
Benefits, Consumer price indexes, Consumer spending, Employment, Industry price indexes, Pay, Unemployment
Economic Summary Apr 2024