Sector Employment:
Prepared by: UNM Bureau of Business and Economic Research
Source: Annual 2014 Quarterly Census of Employment and Wages, New Mexico Department of Workforce Solutions. Numbers reflect only persons covered under unemployment insurance, not all employment is covered under unemployment insurance law. Change y/y calculated from data.

Sector Definition

From the 2012 North American Industry Classification System (NAICS):
NAICS-logo The Manufacturing sector comprises establishments engaged in the mechanical, physical, or chemical transformation of materials, substances, or components into new products. The assembling of component parts of manufactured products is considered manufacturing, except in cases where the activity is appropriately classified in Sector 23, Construction. Establishments in the Manufacturing sector are often described as plants, factories, or mills and characteristically use power-driven machines and materials-handling equipment. However, establishments that transform materials or substances into new products by hand or in the worker's home and those engaged in selling to the general public products made on the same premises from which they are sold, such as bakeries, candy stores, and custom tailors, may also be included in this sector. Manufacturing establishments may process materials or may contract with other establishments to process their materials for them. Both types of establishments are included in manufacturing. The materials, substances, or components transformed by manufacturing establishments are raw materials that are products of agriculture, forestry, fishing, mining, or quarrying as well as products of other manufacturing establishments. The materials used may be purchased directly from producers, obtained through customary trade channels, or secured without recourse to the market by transferring the product from one establishment to another, under the same ownership.The new product of a manufacturing establishment may be finished in the sense that it is ready for utilization or consumption, or it may be semifinished to become an input for an establishment engaged in further manufacturing. The boundaries of manufacturing and the other sectors of the classification system can be somewhat blurry. The establishments in the manufacturing sector are engaged in the transformation of materials into new products. Their output is a new product.

Average Weekly Wage

Sources: New Mexico Department of Workforce Solutions, Quarterly Census of Employment and Wages program & Local Area Unemployment Statistics program in conjunction with U.S. Bureau of Labor Statistics. Zero's indicate that no covered employment was reported for the time period. *'s indicate supression of data point.
Table prepared by: Bureau of Business and Economic Research, University of New Mexico
Last Revised: 03/17/2016