| Category | Score | 2014 Rank | 2013 Rank |
|---|---|---|---|
| Cost of Doing Business | 284 | 17 | 15 |
| Workforce | 137 | 30 (Tie) | 38 |
| Quality of Life | 129 | 33 | 26 |
| Infrastructure & Transportation | 210 | 15 | 23 |
| Economy | 165 | 43 | 30 |
| Education | 62 | 36 | 46 |
| Technology & Innovation | 111 | 32 | 32 |
| Business Friendliness | 46 | 47 | 47 |
| Cost of Living | 25 | 26 | 25 |
| Access to Capital | 14 | 23 (Tie) | 29 |
| Overall | 1183 | 37 | 33 (Tie) |
Economic Profile
Governor: Susana Martinez, Republican
Population: 2,085,287
GDP growth: 1.5 percent
Unemployment rate (May 2014): 6.8 percent
Top corporate tax rate: 7.6 percent
Top individual income tax rate: 4.9 percent
Gasoline tax: 37 cents/gallon
Bond rating/outlook: Aaa/stable
Major private employer: Wal-Mart
Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, New Mexico FY 2013 CAFR
