NM Economic Stats Show Improvement

The New Mexico Economic Development Department (EDD) has published the latest data from its County Economic Reports series that details economic growth, employment, and spending in all 33 New Mexico…

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Applications for LEDA grants now open!

The New Mexico Finance Authority and the Economic Development Department are now accepting applications for recovery grants of up to $100,000. The $200 million relief fund was created in the…

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SpinLaunch continues to expand at spaceport with aid from LEDA funding

California based SpinLaunch Inc. is expanding its footprint at Spaceport America hear Hatch, in southern New Mexico. After building a $7 million, 10,000-square-foot facility at the Spaceport last year, the…

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Ascent Aviation to open new facility in Southern NM

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…

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Descartes Labs asks for even more LEDA funding

The company that Governor Michelle Lujan Grisham hired to use cell phone data to track New Mexican's compliance with 'stay at home' directives - now wants to borrow tax dollars to…

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Read more about the article Do tax incentives encourage development? A new study says no
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Do tax incentives encourage development? A new study says no

A collection of studies coalesced by Forbe's examines the effects of tax incentive programs on development to find out if they are producing the intended results their advocates claim. The…

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