Dossier: New Mexico Highlight – June 2014

Dossier, Hemispheres’ Economic-Development series, created by United Airlines, features an in-depth overview of a region, including the unique initiatives that shape its industry and commerce as well as its influence on today’s global economy. United Airlines highlighted New Mexico in Dossier for the June 2014 edition. One of the many excellent articles, many of which include helpful and interesting infographics and diagrams, included is “Snapshot: New Mexico”:
Aided by a thriving research environment and one of the nation’s most advantageous climates, New Mexico is emerging as a new business powerhouse. Here’s a few of the reasons why:
Fiscal-Friendly: Following a series of substantial tax reforms in recent years, a 2014 Ernst & Young report found that New Mexico now offers the lowest manufacturing tax rate of any Western U.S. state.
Technical Prowess: The state’s reputation as a thriving R&D center is reflected in its workforce, which has the nation’s sixth-highest percentage of engineers and fourth-highest percentage of technical workers.
Energy-Rich: In addition to vast fossil fuel reserves, the National Renewable Energy Laboratory also ranked New Mexico second in the U.S. for rural and concentrated solar potential and 10th for on-shore wind potential.
Find the New Mexico-shaped infographic which includes the following break-down of New Mexico’s job industry:
17% Trade, transportation and utilities
24% Government
12% Professional and business services
15% Education and health services
11% Leisure and hospitality
4% Financial
5% Construction
3% Others
3% Mining and logging
4% Manufacturing
2% Information and IT
By: Dossier (United Hemispheres Magazine)
Read entire article here.