Introduction: New Mexico Download PDF
Because of its location on the Mexican border, along with a high population of Hispanics and Native Americans, New Mexico has a truly distinct culture. Vast expanses of arid land dotted with sparse vegetation create a unique landscape. With only 0.19% of New Mexico’s land covered by water, it has the lowest proportion of water area of any state. New Mexico is home to three Air Force bases, a missile testing range, an army proving ground, and the city most famous for claimed UFO sightings, Roswell.
The government is the largest employer in the state, due to the numerous military instillations, and construction, tourism, and manufacturing contribute significantly to the economy. Oil and gas extraction has increased over 500% in the past decade, making it one of the fastest growing industries in the state. Virgin Galactic, the world’s first private space tourism company, is also based in New Mexico.
Government
Symbols
State Seal: |
State Quarter: |
Time Zones:
| Standard Time | GMT-7 | |
| Daylight-Saving Time | GMT-6 | |
Statistics
- Per Capita Real GDP :
- $30,943
- Population:
- 1,984,360
- Percent of People Under Poverty Level:
- 18.5%
- Per Capita Personal Income:
- $29,673
- Percent of Population with a Bachelor's Degree:
- 14.3%
- Total Exports:
- $2,583,290,000
Top 5 Export Partner Countries
China
Malaysia
Philippines
Mexico
Canada
Top 5 Export Merchandise
Transportation Equipment Sales
Chemicals Sales
Electrical Equipment Manufacturing
Chemicals Manufacturing
Machinery Manufacturing
Major Cities
Albuquerque, Las Cruces, Santa Fe
Major Airports
| Airport Name | City | |
| ABQ | Albuquerque International Sunport | Albuquerque |
Main Ports:
None
Corporations
| Company | Fortune 1000 Rank: | Revenues ($millions) | Headquarter City |
| Thornburg Mortgage | 737 | 2,525 | Santa Fe |
| PNM Resources | 749 | 2,472 | Albuquerque |