--2 Forbes Ranks NM the 27th Best for Business, 48th for Quality of Life
         
July 24, 2016

Forbes Ranks NM the 27th Best for Business, 48th for Quality of Life

September 25, 2009, 12:00 am
By SFR Staff
Forbes has just released its ranking of the best states for businesses and New Mexico came down dead in the middle: 27th, right there between Arkansas and Alabama. Virginia moved to the number one slot, while Rhode Island sunk to the bottom.

Here's how New Mexico ranked in the five key categories:

Business costs: 26

Labor: 32

Regulatory environment: 31

Economic climate: 11

Growth prospects: 6

Quality of life: 48

So, the good news is that commerce is going to expand, but we're still a shitty place to live.

 

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