Federal Aid Boosts N.M. Personal Income Growth Rate to Top Rank
Posted by
Rachel Pulaski
on Friday, March 25, 2011
Labels:
Economics,
New Mexico News
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From istockanalyst.com -The state's rate of personal income growth was the highest in the nation last year, according to new information from the U.S. Bureau of Economic Analysis. Although the growth rate of 4.2 percent is good news for one of the country's lowest-income states, it doesn't mean New Mexicans are rolling in cash. When the federal government tallies up income, it includes things like unemployment benefits, Social Security payments and help from Medicaid and Medicare. Those earnings, known as transfer payments, accounted for 2.19 percent of the 4.2 percent income growth -- a rate also the highest in the nation. "We are up there because of our huge transfer payments to New Mexico," said Lee Reynis, director of the Bureau of Business and Economic Research at The University of New Mexico. More News New Mexico
NM Job Market Remains Stagnant
Posted by
Rachel Pulaski
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Economics,
New Mexico News
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From newswest9.com -Federal labor statistics show most states have seen positive job growth over the past year, but New Mexico and several others remain on the negative side of the job market curve. Some New Mexico business leaders say small businesses - from plumbing contractors and car dealerships to real estate companies and architectural firms - have been forced to lay off handfuls of workers and those numbers are adding up. More News New Mexico
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NM Job Market Remains Stagnant
NM Gas Co. Seeks 8.5% Rate Hike
Posted by
Rachel Pulaski
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Energy,
New Mexico News
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From NM Business Weekly - The New Mexico Gas Co. is requesting an 8.5 percent rate increase to generate $34.5 million in additional annual revenue. The company filed its request Friday with the New Mexico Public Regulation Commission. If approved, the increase would take effect by February 2012. The request comes as the PRC is investigating the gas company's response to the February outage that left more than 40,000 New Mexicans without natural gas for several days. Company President Annette Gardiner said the rate increase is necessary to recover rising costs, decreasing demand by consumers and $215 million in investment. More News New Mexico
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NM Gas Co. Seeks 8.5% Rate Hike
California ruling puts NM cap and trade program into a haze
Posted by
Michael Swickard
Labels:
Energy,
New Mexico News
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California ruling puts NM cap and trade program into a haze
Time for a review of the Electoral College
Posted by
Michael Swickard
Labels:
Commentary
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Time for a review of the Electoral College
Disaster preparedness has disaster written all over it
Posted by
Michael Swickard
Labels:
Swickard Columns
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Disaster preparedness has disaster written all over it