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America's Top States For Business 2011

#43 New Mexico

Top States 2011: New Mexico

Category
Score
2011 Rank
2010 Rank
Cost of Doing Business 143 36 26
Workforce 163 28 27
Quality of Life 193 24 34
Infrastructure & Transportation 154 30 18
Economy 129 25 21
Education 81 39 44
Technology & Innovation 85 31 31
Business Friendliness 42 46 45
Access to Capital 52 25 28
Cost of Living 22 29 29
OVERALL 1064 43 38

ECONOMIC PROFILE

Governor: Susana Martinez (R)

Population: 2,059,179

GDP (2009 per capita): $34,360

Unemployment rate (May 2011): 6.9 percent

Foreclosure rate (May 2011): One per 1,394 households

Budget gap (projected 2012): $450 million

Corporate tax rate: 4.8-7.6 percent

Largest employers: Intel, Sandia Resort & Casino, T-Mobile

Sources: US Government, RealtyTrac, Center on Budget & Policy Priorities, Federation of Tax Administrators, Alaska Department of Labor and Workforce Development

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