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Superb Flying Weather
New Mexico enjoys 340 days of sunshine per year. In addition, our wide-open spaces translate to low air-traffic congestion.
Great Productivity
New Mexico’s workforce is one of the country’s most productive, evidenced by its high value added per hour of work.
Value Added Per Work Hour
Manufacturing Production Workers
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| United States |
$82.96 |
| Arizona |
$128.83 |
| California |
$96.46 |
| Colorado |
$83.87 |
| Nevada |
$69.48 |
| New Mexico |
$143.33 |
| Texas |
$92.15 |
| source: Census Survey of Mfg, 2001 data |
Competitive Wages
New Mexico boasts the lowest average production wage in the region, combined with a high rate of value added. Simply put, New Mexicans produce more for less. In addition, union activity and unemployment insurance remain low.
Low Utility Costs
New Mexico has plentiful natural resources that allow us to produce all the energy we need right here in the state. Consequently, our electricity and natural gas rates are among the most competitive in the nation.
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In October 2005, more than 15,000 people attended the first X Prize Cup public spaceflight exhibition in Las Cruces. The event is held annually.
In December 2005 Governor Bill Richardson and Sir Richard Branson announced their intentions to make New Mexico the world headquarters for Virgin Galactic.
Sir Richard Branson and future space travelers celebrate the dawn of the New Space Race at the site of the proposed New Mexico spaceport.
This artist's rendering illustrates the Rocket Racing League who in January 2006 selected Las Cruces as their world headquarters and location for final competitions.
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