What is the biggest industry in New Mexico?
Tourism, military, and the oil and gas industry are the major industries in New Mexico. They provide most of the jobs and account for a large amount of the government spending in the state.
What is New Mexico known for manufacturing?
The leading products of New Mexico’s manufacturing industries are computer and electronic equipment. Silicon computer chips are produced in the state making this sector worth about 80% of the manufacturing industry. Another important product in this sector is telephone equipment.
What are the biggest companies in New Mexico?
Detailed List Of The 100 Biggest Companies In New Mexico
| Rank | Company | City |
|---|---|---|
| 1 | Akal Security | Espanola |
| 2 | Sandia National Laboratories | Albuquerque |
| 3 | Presbyterian | Albuquerque |
| 4 | Los Alamos National Laboratory | Los Alamos |
What are the major industries in Albuquerque?
Industrial output, centered around Albuquerque, includes electric equipment; petroleum and coal products; food processing; printing and publishing; and stone, glass, and clay products. Defense-related industries include ordnance.
What are New Mexico’s 5 industries?
Finance, insurance, real estate, leasing, and rental jointly account for about 17%. Mining, gas and oil extraction, and quarrying are the largest contributors to the growth of real GDP in New Mexico.
What is New Mexico’s biggest export?
computer & electronic products
The state’s largest manufacturing export category is computer & electronic products, which accounted for $2.0 billion of New Mexico’s total goods exports in 2018.
What is the main economy of New Mexico?
The state’s economic pillars are its natural resources, tourism, retail trade and federal government spending. Much of the state’s income is derived from oil and gas. The Permian Basin in New Mexico has more than 25,000 oil wells, including two of the 100 largest oil fields in the nation.
What companies are moving to New Mexico?
Netflix, NBC Universal, SCEYE, Prent, NTx, LaSen, Kairos Power, Faneuil and Ganymede Games are just a few of the 30 companies investing in the state since 2019. New Mexico has also recently seen success in bringing in international companies to the state.
Who is the largest employer in New Mexico?
Federal Government
LARGEST EMPLOYERS IN NEW MEXICO
| Rank | Organization | Employees |
|---|---|---|
| 1 | Federal Government (see breakdown below) | 21766 |
| 2 | State of New Mexico (see breakdown below) | 18359 |
| 3 | Wal-Mart | 14022 |
| 4 | Sandia National Laboratories | 12206 |
What are the top five employers in New Mexico?
LARGEST EMPLOYERS IN NEW MEXICO
| Rank | Organization | Employees |
|---|---|---|
| 1 | Federal Government (see breakdown below) | 21766 |
| 2 | State of New Mexico (see breakdown below) | 18359 |
| 3 | Wal-Mart | 14022 |
| 4 | Sandia National Laboratories | 12206 |
What is New Mexico’s main source of income?