The state’s economy will continue to grow at a tepid pace in 2012, mirroring the national recovery, according to an economist at New Mexico State University.
In his economic forecast for New Mexico, Jim Peach said the economy will generate between 8,000 and 12,000 non-farm payroll jobs this year, which is consistent with historic averages.
“Unfortunately, at this rate it will take New Mexico three or four years to have as many jobs as we did when the state entered the recession in 2008,” Peach said. “Even