As commercial developments in the city struggle with nagging vacancies and a wobbling economy, the bustling development known as The 25 Way along the north I-25 corridor remains a bright spot for economic activity – bolstered by Boeing Albuquerque’s recent expansion and a popular lineup of restaurants. Commercial real estate veteran Scott Whitefield, with CBRE, […]
Jobs, Workers & Economy
Posted inBernalillo County, Jobs, Workers & Economy, Local Gov.
After two year closure, Sandia Peak Ski Area reopening date still unknown
Ski season is well underway in New Mexico, but the slopes remain empty at Sandia Peak Ski Area. The family owned business is actively working to invite skiers and snowboarders back soon, but a reopen date hasn’t been announced. Formally known as La Madera Ski Area, Sandia Peak Ski Area opened in 1936, making it […]
Posted inAlbuquerque, Jobs, Workers & Economy
New program restores vacant houses into affordable housing
A program aimed at turning vacant and abandoned houses across the state into livable and affordable housing has taken its next steps. The New Mexico Mortgage Finance Authority (MFA) board said it approved three service providers for its “Restoring Our Communities” (ROC) program at a December 2023 meeting. The MFA made the announcement in a […]
Posted inAlbuquerque, Jobs, Workers & Economy
Journalists launch new news outlet to bring newspaper competition back to Albuquerque
City Desk ABQ launched today with a newsroom of seven journalists with years of experience in Albuquerque and New Mexico. City Desk will publish every weekday afternoon and Sundays online and will focus on the traditional “Metro section” of a daily newspaper: City Hall, county government, education, crime and courts, and our local economy. There […]
Posted inAlbuquerque, Jobs, Workers & Economy
Albuquerque rent prices ease in 2023 (a bit)
While the cost to rent an apartment in Albuquerque remains at eye-popping levels for many of its residents, it appears that an ease is underway. For now. The issue is top of mind as rent prices have outpaced wages for many in the city, which places the issue of affordable housing as an urgent priority […]
Posted inJobs, Workers & Economy, New Mexico Statewide News
Allsup’s burritos now come as tortilla chips, too
New Mexicans have a new way to eat a popular and ubiquitous convenience store food – the deep-fried Allsup’s beef and bean burrito. The chain recently introduced beef and bean burrito-flavored tortilla chips to its store shelves. The new tortilla chips come 50 years after Allsup’s sold its first beef and bean burrito in 1974 […]
Posted inJobs, Workers & Economy, New Mexico Statewide News
PRC denies PNM 9.7% rate hike to pay for ‘imprudent’ investments in coal, aging nuclear plants
By SUSAN MONTOYA BRYAN Associated Press, ALBUQUERQUE, N.M. (AP) — Regulators rejected on Wednesday an effort by New Mexico’s largest electric utility to recoup from customers millions of dollars of investments made in a coal-fired power plant in the northwestern corner of the state and a nuclear power plant in neighboring Arizona. The Public Regulation […]
Posted inJobs, Workers & Economy, rio-rancho
Applications Open for Home Repair Program
From now until Jan. 5, 2024, low to moderate-income Rio Rancho homeowners can apply for home repair assistance. The City of Rio Rancho has once again partnered with the non-profit Homewise, Inc., to administer this program. Assistance is capped at $25,000 for each home. Eligible expenses include: heating/mechanical systems, plumbing systems, roofs, door, windows, siding, […]
Posted inJobs, Workers & Economy, Sandoval County
New Mexico’s Outdoor Economy is Booming
New data from the US Department of Commerce’s Bureau of Economic Analysis shows the outdoor recreation sector’s growing impact on the national and local economy. Nationally, BEA reports outdoor recreation generates $1.1 trillion in economic output—2.2% of the gross domestic product—4.98 million jobs and comprises 3.2% of US employees. According to the state, New Mexico’s […]
Posted inJobs, Workers & Economy, rio-rancho
Business Grants Awarded to Local Veteran-Owned Businesses
VBSC & RRCF support local veterans, granting small business aid to Popped Candy and Tanta Solutions & Acquisitions Inc. in Rio Rancho.