Why is New Mexico so stagnant? (user search)
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  Why is New Mexico so stagnant? (search mode)
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Author Topic: Why is New Mexico so stagnant?  (Read 1230 times)
It’s so Joever
Forumlurker161
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« on: February 20, 2023, 11:51:18 AM »

Because it doesn’t have a booming tech industry like Colorado, Utah, and Idaho.

I do think NM could be a prime candidate though for such an industry and honestly really should incentivize R&D companies to move into the area, especially given the presence of Los Alamos already so it isn’t a stretch of imagination.

NM is a case where reduced regulation and more pro-business policies actually really could be helpful imo.
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It’s so Joever
Forumlurker161
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Posts: 15,069


« Reply #1 on: February 20, 2023, 07:29:21 PM »

From 1970 up to the Great Recession, New Mexico had a population that was growing faster than the nation as a whole, but since then, foreign immigration into the state has slowed down drastically (to the point that it, in 2021, received less immigration on a per capita basis than South Dakota).

To top it off, net domestic migration turned strongly negative due to many factors, particularly a poor economy. New Mexico also has recently entered a state of natural decline as more deaths have been recorded in the state than births.
Interesting, they need to get some special industry there. The previous poster posted something about tech and I think New Mexico could benefit from that (and Walther White)!
Honestly, a breaking bad themed amusement park could be cool.
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