The Line: State of the State’s Economy

May 24, 2019 – Diversifying New Mexico’s economy has been a goal for many years. But with the recent announcement that ExxonMobil anticipates pumping $64 billion dollars in economic benefits to the state over the next 40 years, it’s a hard to think of weening New Mexico off of the oil and gas industry. Still, the space tourism industry is ramping up, film and television production continues to grow more robust, and farmers are looking to branch out into new crops such as hemp. Gene Grant and the Line panelists explore many different ways to diversify New Mexico’s economy. 

Line Panelists:
Tom Garrity, The Garrity Group PR
Sophie Martin, attorney
Serge Martinez, professor, UNM School of Law
Rachel Sams, editor, Albuquerque Business First  

For Further Reading:

State looks to diversify economy, rely on ‘volatile’ oil and gas revenue less– by Matthew Reichbach, NM Policical Report

State pledges $2M loan to help space company rebuild – by Collin Krabbe, Albuquerque Business First

The Bosses: Santa Fe has proportionally more woman-owned businesses than elsewhere, but entrepreneurs still face challenges – by Leah Cantor, Santa Fe Reporter  

Article mentioned by Rachel Sams:  

Hiring roundup: these space companies are hiring in ABQ – by Collin Krabbe, Albuquerque Business First