economy

 April 11th 2016 - Written by: Michael O'Donnell

The Labor Force & Demographic Shifts

In my last two blog posts, I discussed trends in labor force participation (here) and reasons why so many people are out of the labor force (here). As I noted in my most recent post, shifting demographic trends have changed the landscape of the labor force over the last decade and are likely to continue into the future – this is especially true of the oldest age cohorts. In particular, those cohorts have managed to simultaneously increase their rates of labor force participation while at the same time adding the largest number of people not in the labor force. The reason for this seeming incongruity is that population growth for this group is rapid. The population pyramid below, which is provided by the US Census Bureau, shows how the dynamics of the US population have changed through time. The pyramid, which allows you to scroll through years from 2000 to… View Full Post


 February 22nd 2016 - Written by: kdavis

City of Albuquerque ABC-Z BBER Study

The City of Albuquerque and Bernalillo County are updating the comprehensive plan through a process that has been called ABC-Z. The update is designed to be implemented through a new set of integrated zoning and subdivision regulations. Key goals of the project are to improve opportunities for economic development, provide protection for the city’s established neighborhoods, to streamline the city’s development review and approval procedures, and to respond to water and traffic issues. The City of Albuquerque has set up an informational website with all of the details of the project which can be found online at abc-zone.com The City of Albuquerque is making efforts to get the community involved in the planning process by hosting community meetings and working with a consultant on the plan. The city will also gain a better understanding of the effects of the existing regulations on development in Albuquerque by commissioning a study done… View Full Post


 February 16th 2016 - Written by: Gwen Aldrich

BBER and other members of the New Mexico Universities Working Group on Water Supply Vulnerabilities authored a report on the effects of the recent and ongoing drought on NM’s Lower Rio Grande

Researchers at UNM’s Bureau of Business and Economic Research are part of the New Mexico Universities Working Group on Water Supply Vulnerabilities that was funded by the State Legislature in 2014. The working group was tasked with assessing the current status of New Mexico’s water supply and demand; evaluating the long-term impacts of the current drought on surface water, groundwater, and economic activity; and determining key vulnerabilities and potential policy strategies for mitigating these vulnerabilities. As a first step the Working Group focused on the Lower Rio Grande, and in 2015 provided their final report to the Interim Committee on Water and Natural Resources. Some of the key vulnerabilities identified in the report include: The Santa Teresa, NM area is likely to experience more business and population growth. Yet the current water supply is expected to meet the area’s needs for the next decade only. Continuing drought will create increasingly… View Full Post


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