Good news from the Department of Economic Development: Arizona-based Ascent Aviation Services will be expanding its operations into New Mexico. The company will be expanding into the Roswell Air Center…
CNN Business and Moody's Analytics have joined together in creating a national "Back To Normal" index for rating and evaluating states recoveries to pre-covid levels. The index was created using…
Easing trade tensions coupled with fair winter weather made for an outstanding U.S. jobs report for the first month of 2020. Economists had predicted an increase of 160,000 workers for…
The National Mood is Improving – How about You?
The USA mood and key indicators of the economy point to better times ahead: In preliminary figures provided to NMBC by NAM (National Association of Manufacturers), the consumer sentiment rebounded in April after pulling back somewhat in the prior two months. Confidence remained high and not far from January’s 13-year record. Indeed, the underlying figures suggest that Americans remain quite upbeat. That message is also being conveyed in the spending data, with retail sales up 5.2 percent over the past 12 months. The American consumer has been more willing to open his/her pocketbook, especially when compared to this time last year.
On a recent national conference call with reporters, New Mexico Business Coalition (NMBC) president Carla Sonntag endorsed the use of the Congressional Review Act (CRA) to overturn the U.S. Bureau of Land Management’s “venting and flaring” rule. The rule imposes new federal restrictions on top of existing state and federal regulations dealing with methane emissions from oil and natural gas wells.
NMBC was on a National Press Call this morning (1-27-17), working with Congressman Rob Bishop - Utah, Chair of the House Committee on Natural Resources to Repeal a recent BLM Rule aimed at the Oil and Gas Industry. NMBC was the only business group on the call supporting the use of the Congressional Review Act to repeal a BLM Venting and Flaring rule that went into effect towards the end of President Obama's administration. Removing the unnecessary, duplicative and expensive BLM rule will be a huge step forward to help New Mexico's struggling oil and gas industry.
When it comes to important issues like jobs, our economy, the New Mexico budget deficit and the upcoming legislative session – NMBC provides the perfect venue to discuss all of these issues at the BASH (Business and Social Hour), this Thursday, January 12!
Business and community leaders will be at the BASH along with Albuquerque Mayoral Candidates, state and local elected officials and more. Richard Anklam, President and Executive Director of the New Mexico Tax Research Institute will provide insightful comments and you don’t want to miss what Carla Sonntag, NMBC President and Founder, is going to cover!