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Important Links
New Mexico Chambers of Commerce
ABC New Mexico
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| Construction Industry at a
Glance: |
Economic
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- While overall employment in the State of New Mexico increased 4.57% between 1997 and 2002, employment within the construction industry rose by 14.14%, creating 5,611 new construction jobs as well as creating 95 new construction establishments in 5 years.
- While the average worker in New Mexico brought home $26,825 in pay in 2002, the state’s construction workers made on average $29,354, an increase of 8.62% more than the average worker in New Mexico.
- The number of businesses in New Mexico grew from 34,170 in 1997 to 34,512 in 2002, an increase of 1.00%. Construction establishments in New Mexico however, increased by 2.03% from 4,673 in 1997 to 4,768 in 2002.
- Of the 342 new businesses established between 1997 and 2002 in New Mexico, 95 or 27.78% of those establishments were in the construction industry.
- According to Union Membership and Coverage Database, available at www.unionstats.com, in 2006, only 11.7 percent of New Mexico’s private construction workforce belonged to a construction trade union. That means that approximately 88 out of 100 New Mexico’s private construction workers do not belong to a labor union.
Data are from the U.S. Bureau of the Census except where noted.
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State Policies
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