How NM measures up on small, medium and large businesses

New Mexico Business WeeklyNew Mexico has a higher percentage of small and midsized businesses than Idaho, Nebraska and West Virginia, states that have similar population numbers. That data is part of an analysis the Business Weekly did using information from an On Numbers report. The On Numbers report by G. Scott Thomas was compiled using U.S. Census Bureau figures for the number of small, medium and large businesses over 938 metropolitan and metropolitan areas. States included in the population analysis have between 1.5 million and 2.5 million people. New Mexico lags behind other Southwestern states in the number of small, medium and large businesses. In total, New Mexico has 42,029 businesses. Small businesses in New Mexico make up 98.06 percent of total businesses, midsized businesses make up 1.80 percent, large businesses make up 0.15 percent and megabusinesses make up 0.01 percent of total businesses. Read More News New Mexico

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