I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…
Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.
The Albuquerque metro area is one of six metro areas to have reached pre-recession levels of output according to a report by the Brookings Institute tracking the economic recession and recovery in metro areas. Albuquerque still, however, has not reached pre-recession levels of unemployment and is not one of the twenty strongest-performing metro areas.
The report, which looks at the 100 largest metro areas, reads:
Six metro areas—Albuquerque, Austin, McAllen, San Antonio, Virginia Beach, and Washington, DC—had regained their pre-recession peak level of output by the third quarter. Just one metro area (McAllen) regained its pre-recession peak employment level. No metropolitan area had a lower unemployment rate in September than it did one year earlier, though increases over that period ranged widely, from a little over 1 percentage point to more than 8 percentage points.
Despite this, Albuquerque falls short of the top performing metro areas. Brookings lists the top-20 performing metro areas as their strongest-performing; Albuquerque ranks 22nd when the four key indicators are all considered.
Albuquerque is one of 66 metro areas where output grew and jobs declined at slower rate in third quarter than second quarter, according to the Brookings report.
Brookings says the best performing metro area is Austin, TX, while Tampa, FL brings up the back of the pack.
