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U.S. and New Mexico metrics
Compare New Mexico and U.S. real GDP growth, quarterly economic output, historical trends, and downloadable Bureau of Economic Analysis data.
For Q2 2026, New Mexico annual growth was -0.41%, compared with 2.19% for United States. The difference was 2.6 percentage points lower.
This comparison uses the most recent period available for both series. The cards above show each series' latest published observation. A percentage-point difference and a relative percentage change answer different questions.
Gross domestic product measures the value of goods and services produced in an economy. Real GDP adjusts for price changes, making it more useful than current-dollar GDP for tracking changes in output over time.
This page compares each quarter with the same quarter a year earlier. Using growth rates makes it possible to compare New Mexico with the much larger national economy. Output levels are also shown in billions of chained 2017 dollars.
Year-over-year growth is 100 × (current real GDP ÷ real GDP in the same quarter a year earlier − 1). It is not the annualized quarter-to-quarter growth rate usually quoted in a GDP news release.
Published GDP levels are seasonally adjusted annual rates: a quarter's output is expressed at an annual pace. Chained-dollar measures use changing expenditure weights and should not be treated as simple additive industry totals.
New Mexico's FRED series is published in millions of chained 2017 dollars; the U.S. series is in billions. The displayed levels use billions for both. The downloads retain the original source units as well as the converted comparison.
Missing observations remain unavailable. Annual changes require the corresponding prior reference period; they are not calculated by moving to an arbitrary earlier row. Observation dates use UTC.
No. GDP measures production within a geography. It does not directly describe household pay, the distribution of income, unpaid work, or environmental conditions.
The chart measures change from the same quarter a year earlier. A news release may instead emphasize annualized change from the preceding quarter, a different calculation. Estimates can also change with later revisions.
These are all-industry totals. Use industry-specific BEA GDP tables for contributions to output. BBER's industry profiles measure employment and wages, which answer different questions.
The downloads include original source records and normalized comparison observations with column metadata. Cite the source agency, series or release vintage, observation period, and the date you retrieved the data.
For local context, explore county profiles, city and place profiles, population sources and projections, and New Mexico industry employment and wages.