Rankings › Cities for Business › New Mexico
New Mexico #19
54.1 composite of 100 Based on 61% of intended metrics
ML
Michelle Lujan Grisham D
Mayor · since 2019-01-01
Source: Wikidata (P6 head of government), retrieved 2026-06-18
Establishment entry rate (new business formation)10.958% · Census BDS 2022 ·
41.0
Job creation rate16.715% · Census BDS 2022 ·
47.4
Nonfarm job growth (YoY)0.53% · April 2026 ·
80.4
Not yet sourced: Metro GDP growth (BEA metro GDP key blocked by signup CAPTCHA); Business survival rate (BLS BED ingest pending); Cost of doing business (C2ER + Tax Foundation feed pending).