Economy in NM growing after years of stagnation

After several stagnant years, New Mexico’s economy is finally showing signs of growth. Increased oil and gas activity has helped New Mexico post the third-highest growth in gross domestic product. “This is encouraging news for our families, communities and businesses,” Gov. Susana Martinez said Tuesday, while attributing the growth to tax cuts and streamlined regulations. “Through a relentless commitment to reforms … we’re growing and diversifying our economy and competing for jobs and investment with neighboring states like never before – and even beating them.”