Newmexico: See Their Revenue, Competitors, Traffic, and Reviews (August 2025)

Review (August 2025)

3.67M

Estimated Revenue

469.74k

Website Visitors

4/5

Trustpilot Score

What do we know about New Mexico Economic Development Department?

Estimated Revenue (2020)

$3.67M

Total Employees

22 Industry

Government Administration

Location

Santa Fe, United States

About

New Mexico Economic Development Department: The New Mexico Economic Development Department provides New Mexico-based businesses or businesses relocating to the state with the information and resources they need to start and expand.

Social Links

Alexa Ranking: 26971

What is New Mexico Economic Development Department's Revenue?

New Mexico Economic Development Department's estimated revenue for 2024 is $3.67M.

What does New Mexico Economic Development Department do?

The New Mexico Economic Development Department enhances and leverages a competitive environment to create jobs, develops the tax base and provides incentives for business development. Since 2011, we've made New Mexico's business climate one of the best in the country. We've cut taxes 61 times, including a 22% decrease to the Corporate Income Tax. We've also enacted Single Sales Factor for headquarters and manufacturers and we've ended tax pyramiding on consumables for manufacturing. We've expanded our deal closing fund, LEDA. LEDA funds are used to offset business expenses in expansions or relocation – like construction and infrastructure. We've also expanded and strengthened our highly rated Job Training Incentive Program (JTIP). This award-winning workforce training program has demonstrated strong performance since 1972. JTIP funds training for newly-created jobs in expanding or relocating businesses for up to 6 months and reimburses 50-75% of employee wages. These pillars are supplemented by various powerful tools such as High Wage Jobs Tax Credit, Investment Tax Credit, R&D Tax Credit, and Industrial Revenue Bonds. New Mexico is strategically located with proximity to the West Coast, Mexico, Texas, mountain states, and the Midwest. Ideal for a broad array of business, New Mexico's mild weather and low risk for natural disasters permits continuity of business operations, as well as a great place to live, work, and raise a family.

What are the monthly traffic metrics for Newmexico?

6/mo Traffic Growth

-25.00%

All Time Traffic Growth

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Monthly Hits

470k

Time on Site

4.1Mins

Bounce Rate

48%

How fast is Newmexico growing?

Newmexico has grown by 8.3% in the last 6 months according to SimilarWeb.

How do people interact with Newmexico?

Last month, Newmexico received 470k visitors who spent an average of 4.1 minutes on the website and visited 4.0 different pages per session. Overall, 48% of people bounce on the first visit.

How do people find Newmexico?

155.9k people (33%) visit Newmexico directly. 277.3k (59%) people search for them in Google. Whereas, 3k (1%) discover Newmexico through Facebook, Reddit, and YouTube. 13.2k (3%) visitors come from Newmexico's email newsletters. Finally, 126.5 (0.0%) people come from affiliates and or paid referrals.

Who uses Newmexico?

Newmexico's top market is the United States and they receive 463.5k (98.7%) people.
Then the 2nd is Mexico with 1.3k (0.3%).
The 3rd is is Canada with 857.8 (0.2%).

Traffic Growth (last 6 months)

All Traffic Source

Country Share

Traffic Growth (last 12 months)

See 12/mo Traffic Stats

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