Publications

Economic Impact Analysis

Silver City MainStreet: Community Economic Assessment
February 1, 2008
Considering the long term impact of the decline of copper mining in southwestern New Mexico, Silver City's economy is very stable, with significant advantages as a regional retail, service, and educational center and in its growing hospitality and related real estate sectors.
PDF Version [943.3 K]

The Economic Impact of the University of New Mexico on the State of New Mexico
December 1, 2007
The University of New Mexico Office of the President commissioned the UNM Bureau of Business and Economic Research (BBER) to conduct a study of the economic impact of the University of New Mexico (UNM) on the economy of New Mexico for the Fiscal year 2007. This report contains the results of the study and outlines the data and methods used to arrive at these results. This study focuses on the economic impact of spending and employment by UNM. The impacts show how the dollars that flow to UNM from out-of-state sources support direct spending on salaries, benefits, and goods and services, and how that spending creates additional economic activity in the state of New Mexico. UNM's expenditures on goods and services create indirect effects as the firms supplying UNM buy supplies from other firms and employ people to produce their products. Part of the salaries of UNM employees and UNM vendors are spent in the community, creating further demand for goods and services and resulting in more people working and additional income. However, this is not the maximum impact from UNM, as the impacts of other factors such as encouraging technology development and contributing to an educated workforce are likely to be substantial even if they are less easily quantified. (Nicholas Potter)
PDF Version [106.4 K]

2007 Lea County Economic Development Studies
November 13, 2007

The Economic Importance of the Arts & Cultural Industries in Albuquerque and Bernalillo County
August 1, 2007
The Arts and Cultural Industries in Albuquerque and Bernalillo County are mainstays of the regional economy. Arts and cultural industries generate $1.2 billion in revenues, $413 million in wages, and 19,500 jobs, totaling 6% of all employment in the County. Half of this activity is funded by dollars from outside the region, generating economic growth and opportunity.
PDF Version [1.8 MB]

The Economic Importance of the Arts and Cultural Industries in ABQ and Bernalillo Cty Summary
August 1, 2007
The Arts and Cultural Industries in Albuquerque and Bernalillo County are mainstays of the regional economy Arts and cultural industries g enerate $1.2 billion in revenues, $413 million in wages, and 19,500 jobs, totaling 6% of all employment in the County Half of this activity is funded by dollars from outside the region, generating economic growth and opportunity. This is a 24 page summary on the larger report.
PDF Version [1.0 MB]

The Economic Importance of the Arts and Cultural Industries in ABQ and Bernalillo Cty Brochure
August 1, 2007
The Arts and Cultural Industries in Albuquerque and Bernalillo County are mainstays of the regional economy Arts and cultural industries g enerate $1.2 billion in revenues, $413 million in wages, and 19,500 jobs, totaling 6% of all employment in the County Half of this activity is funded by dollars from outside the region, generating economic growth and opportunity. This is the Quick Look Brochure.
PDF Version [282.7 K]

The Economic Impact of Nonprofit Organizations in New Mexico
December 31, 2006
This is the first time that a Report has assembled research on the nonprofit sector and its economic contributions to New Mexico. In the recent past, we saw a similar study pertaining solely to the arts and cultural industries in Santa Fe County. The findings of that study, prepared by the Bureau of Business of Economic Research at UNM, persuaded us that a similar study on the economic impact of the statewide nonprofit sector would be illuminating. (Author: Jeffrey Mitchell)
PDF Version [496.8 K]

Gallup MainStreet: Community Economic Assessment
April 1, 2006
Gallup’s population is young but slowly growing (5% increase population between 1990-2000). Per capita incomes in Gallup are on par with the State average, and above that of most other New Mexican communities outside of Albuquerque and Santa Fe. Incomes in Gallup are more than twice those of other parts of McKinley County – per capita incomes in Gallup in 2000 were $15,789, compared to only $7,682 in other parts of the County. Gallup has a huge surplus in taxable gross receipts, nearly $230 million in 2002, providing for solid city finances and opportunities for community investment. However, the data suggests a long-term erosion of Gallup’s strong market position.

The Management and Future Federal Investment in New Mexcio
April 28, 2005
PDF Version [1.7 MB]

The Economic Importance of the Arts & Cultural Industries in Santa Fe Cty (Executive Summary)
November 1, 2004
In 2002, Santa Fe’s arts & cultural industries (A&CI) and cultural tourism generated over $1 billion in receipts, employed 12,567 workers (17.5% of total employment in Santa Fe county), and paid $231.5 million in wages and salaries. Just over one-half of employment and wages are generated by industries that are either directly engaged in the creation, presentation or preservation of art and/or cultural activities, or indirectly engaged with cultural content but not themselves “source activities”. The balance is generated by the tourism industry to the extent that tourism is associated with an interest in Santa Fe’s art, cultural and historical attractions.
PDF Version [181.3 K]

The Economic Importance of the Arts & Cultural Industries in Santa Fe County - Quant Impacts
November 1, 2004
Part 1 of this research project quantified the contribution of Arts and cultural industries (A&CIs), including cultural tourism, to Santa Fe's economy. The results, based on 2002 data, were impressive: A&CIs are responsible for nearly 4 of every 10 dollars that flow into Santa Fe county; one out of every 6 workers in the county are directly or indirectly employed by the A&CIs, including cultural tourism; Santa Fe's A&CIs rank as one of the top industries in New Mexico, comparable to Intel and UNM in terms of direct, indirect and induced employment and wages; public revenues far exceed expenditures for arts and culture – a nearly 400% return for City and 40% return for State government expenditures. The
PDF Version [607.0 K]

The Economic Importance of the Arts & Cultural Industries in Santa Fe Cty - Quant Analysis
November 1, 2004
The purpose of Part 2 of this project is to look behind these numbers and examine the social and economic dynamics that link arts and culture to other sectors of the community of Santa Fe. The premise of this work is that a better understanding of underlying dynamics will enable industry leaders and the community to leverage the assets of the arts & culture sector to create a broader pattern of economic growth and increase benefits to the city’s population. To investigate these dynamics BBER conducted nearly 100 in-depth interviews with people representing various sectors of the community; analyzed demographic and historical economic data; and reviewed academic and planning literature on issues relevant to experiences and challenges faced by Santa Fe.
PDF Version [470.0 K]

UNM Bureau of Business and Economic Research • Onate Hall at The University of New Mexico
303 Girard Blvd. NE, Suite 116; Albuquerque, NM 87106 • 505.277.2216 Main • 505.277.6626 Data Bank