What Does High Tech Mean for New Mexico?
• 42,900 high-tech workers (29th ranked cyberstate) • 300 jobs added between 2004 and 2005 • High-tech firms employed 72 of every 1,000 private sector workers in 2005, ranked 6th nationwide • High-tech workers earned an average wage of $61,100 (30th ranked), or 95 percent more than New Mexico’s average private sector wage • A high-tech payroll of $2.6 billion in 2005, ranked 30th nationwide • 2,100 high-tech establishments in 2005, ranked 36th nationwide • Venture capital investments of $30.1 million in 2006, ranked 31st nationwide in 2006 • R&D expenditures of $5.1 billion in 2004, ranked 19th nationwide New Mexicos National Industry Sector Rankings: • 9th in semiconductor manufacturing employment with 5,800 jobs • 15th in R&D and testing labs employment with 14,800 jobs • 24th in measuring and control instruments manufacturing employment with 2,800 jobs Source: Cyberstates 2007 Data are for 2005 unless otherwise noted. 2005 state data are the most current available for employment, wa
