SnapshotsNew Mexico

Economic report

The New Mexico economy

New Mexico's key indicators at a glance, each with a plain-language read, built live from federal data. Every panel below is its own shareable snapshot.

4.7%
Unemployment
+1.6%
Jobs vs a year ago
+2.1%
Home prices vs a year ago

Unemployment rate

as of 2026-08-01 · FRED NMUR

New Mexico unemployment is 4.7%, up over the past year.

The unemployment rate is the share of people who want a job and are actively looking but don't have one. In New Mexico it is 4.7%, compared with 4.1% a year ago (+0.6 pp).

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Jobs (nonfarm payrolls)

as of 2026-08-01 · FRED NMNA

New Mexico jobs are up 1.6% over the past year.

Nonfarm payrolls count the total jobs on employer books, the broadest read on whether an economy is adding or shedding work. New Mexico has 907K jobs as of Aug 2026, up 1.6% from a year earlier.

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House prices (FHFA index)

as of 2026-04-01 · FRED NMSTHPI

New Mexico home prices are up 2.1% over the past year.

The FHFA house price index tracks the change in single-family home values over time. In New Mexico the index rose 2.1% over the past year (as of Apr 2026).

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Source: Federal Reserve Economic Data (FRED), St. Louis Fed. Each panel shows its own release date. Build your own at the snapshot generator.