New Mexico's post-pandemic economic recovery could take years

Nearly a year ago, some economic indicators began to show New Mexico had reached a recognized level of recovery. The economic devastation caused by the 2008 to 2010 housing crash appeared to be in the rearview mirror.

The state’s February 2020 unemployment rate settled at about 5%, and New Mexico’s non-farm employers had added about 12,000 jobs, according to the state’s Department of Workforce Solutions data.

But a key indication that the state’s economy had come back from the “Great…

Source: The Business Journal