Most observers believe New Mexico can best develop its economy through diversification. That's already begun, particularly in the high tech arena centered in the greater Albuquerque area. Other sectors have developed and some have grown, such as the dairy and cheese operations in the southeast. Lower-scale efforts such as business incubators in Santa Fe and Taos, and textiles in Chimayo and the Tierra Amarilla area, offer the promise of a small business expansion that moves beyond tourism. Still, New Mexico is a land of incredible beauty and fascinating cultural presence.
Tourism is a natural for the state.
Dennis Wall, a freelance writer based in Santa Cruz, is a frequent contributor to the New Mexico Business Journal. All rights reserved. Do not duplicate or redistribute in any form without written authorization from the New Mexico Business Journal. Designed by Correa Enterprises, Inc.