This week, celebrate economic development

11 May 2023

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It may not pop up on your calendar, but May 8-12 is Economic Development Week.

Created in 2016 by the International Economic Development Council, the week highlights state and local efforts to create jobs and improve economic well-being. Unlike market-driven growth, economic development is a deliberate policy initiative to improve economic security for families.

In New Mexico, this is particularly relevant as the state Economic Development Department and our local partner organizations join forces to diversify the economy and attract higher-paying jobs. While the free market has brought us steady growth from many economic sectors, our initiatives target avenues to future-proof New Mexico with innovative, high-paying jobs for New Mexico graduates.

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Greater Gallup EDC Staff Accompanies McKinley Paper Company at SelectUSA Investment Summit

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Greater Gallup Economic Development Corporation (GGEDC) Executive Director Patty Lundstrom traveled to National Harbor, Maryland to attend the 2023 SelectUSA Investment Summit, which ran from May 1-4, 2023. The summit is the top event in the United States for Foreign Direct Investment (FDI) promotion. Connecting investors, companies, economic development organizations (EDOs)...

Who’s On First? How About Entrepreneurs.

May 10 2023

In Economic Development, there have traditionally been three legs of the stool that professionals have focused on including: Business Retention & Expansion, Business Attraction, and Entrepreneurship. This article focuses some time on entrepreneurial development that typically represents the biggest driver of economic activity in the United States. According to...

Using Our Home Field Advantage to Grow the Gallup-McKinley County Economy

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The New Mexico Economic Development Department (EDD) works with the City of Gallup and McKinley County to Use Our Home Field Advantage to Grow the Gallup-McKinley County Economy through assisting businesses and communities in a broad variety of economic development needs. EDD does this through forming relationships and partnerships. The...