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 Retail Trade sector comprises establishments engaged in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The buying of goods for resale is a characteristic of retail trade establishments that particularly distinguishes them from establishments in the agriculture, manufacturing, and construction industries. For example, farms that sell their products at or from the point of production are not classified in retail, but rather in agriculture. Similarly, establishments that both manufacture and sell their products to the general public are not classified in retail, but rather in manufacturing. However, establishments that engage in processing activities incidental to retailing are classified in retail. This includes establishments, such as optical goods stores that do in-store grinding of lenses, and meat and seafood markets. Wholesalers also engage in the buying of goods for resale, but they are not usually organized to serve the general public. They typically operate from a warehouse or office and neither the design nor the location of these premises is intended to solicit a high volume of walk-in traffic. Wholesalers [NOT included in this sector] supply institutional, industrial, wholesale, and retail clients; their operations are, therefore, generally organized to purchase, sell, and deliver merchandise in larger quantities. However, dealers of durable nonconsumer goods, such as farm machinery and heavy-duty trucks, are included in wholesale trade [NOT Retail Trade] even if they often sell these products in single units.

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