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New Mexico Economy
About half of Alabama
Agriculture provides a considerable
source of income for New Mexico. The most important agricultural industry is
ranching. Ranches throughout the state make use of land that is too steep or too
rocky for growing crops. Cattle and sheep thrive on the open range year round.
Major crops of hay and sorghum are grown in the dry climate. Pinto beans, piñon
nuts, and chili peppers are also raised.
New Mexico’s mineral wealth includes natural resources used for energy
production. Reserves of natural gas, uranium, petroleum, and coal are found
here. Large amounts of potash – a fertilizer material – are mined as well as
manganese, copper, silver, and turquoise.
New Mexico’s beautiful country, national forests, and historic sites make it an
attractive destination for tourists. The tourism industry is a significant
source of income for the state.
More than 25% of New Mexico’s residents work for the federal government at air
force bases, national observatories, and laboratories throughout the state. The
temperate climate and growing population continue to attract many new
manufacturing industries to the state, especially those related to the defense
industry.
New Mexico Economic Information from
Teachersfirst.com
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National Forests
Carson National Forest Cibola National Forest Gila National Forest Kiowa National Grassland Lincoln National Forest Rita Blanca National Grassland Santa Fe National Forest |
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