Discussing federal stimulus spending yesterday, a colleague and I were pondering how the New Mexico economy might go about absorbing the money the feds want to pump into it. One key question is the availability of a work force with the skills to build stuff.
Some numbers, courtesy St. Louis Fed. The drop from the peak last spring to November (the latest data available) is 2,500. Data’s seasonally adjusted.
No idea what this means, whether 2,500 is a lot. Just thinking out loud. Plus, I think playing with the Fed data is fun.