Analysis finds pandemic didn't prevent business openings, reopenings in NM

FARMINGTON − As expected, the COVID-19 pandemic had a significant negative impact on the state's business community, forcing many merchants to clos...

August 7, 2022
4:16 AM

FARMINGTON − As expected, the COVID-19 pandemic had a significant negative impact on the state's business community, forcing many merchants to close their doors permanently or temporarily.But, according to an analysis released last week by officials at the New Mexico Department of Workforce Solutions, a surprising number of New Mexico businesses opened or reopened during that same period.The June edition of the New Mexico Labor Market Review released July 29 by the department showed that thousands of businesses were launched or reopened during the pandemic, helping mitigate its impact on the state's economy.

Mike Easterling