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 Forklift Masts New Mexico - The US state of New Mexico is located in the southwest region of the nation. Normally the state of New Mexico is considered amongst the mountain states. New Mexico has one of the smallest populations of whatever state with a population density of 16 for each square mile.
The area was occupied by Native American populations for lots of centuries, prior to becoming part of New Spain, part of Mexico, and a U.S. territory. The state of New Mexico has the highest percentage of Hispanics throughout other US states. This group of Hispanics comprise the recent immigrants from Latin America and descendants of Spanish colonists. It likewise has the second-highest percentage of Native Americans, following the state of Alaska, and the fifth-highest total number of Native Americans following the states of California, Oklahoma, Arizona and Texas. The tribes in New Mexico consist of mostly Navajo and Pueblo peoples. Thus, the culture and demographics of New Mexico are unique for their strong Hispanic and Native American influences. New Mexico's flag is represented by the red and gold colors, that represent the Zia symbol, an ancient Native American symbol for the sun, and Spain.
The economy of the state is heavily dependent upon oil and gas production, tourism, and federal government spending. State government has an elaborate system of tax credits and technical assistance to promote job growth and business investment, particularly in new technologies.
In 2010, New Mexico's Gross Domestic Product was $79.7 billion. During the year 2007, the per capita personal income was $31,474, ranking New Mexico 43rd within the country. In the year 2005 the percentage of people below the poverty level was 18.4%. The New Mexico Tourism Department estimates that during Fiscal Year 2006 the travel trade within the state of New Mexico generated expenditures of $6.5 billion. As of August the year 2011, the unemployment rate of the state was 6.6%.
New Mexico is the third largest producer of natural gas and crude oil in the US. The Permain Basin, which is part of the Mid-Continent Oil Field and the San Juan Basin, both partly lie in New Mexico. During the year 2006 New Mexico accounted for 8.5% of the dry natural gas, 10.2% of the natural gas liquids and 3.4% of the crude oil produced within the United States. During 2000 the value of gas and oil produced was $8.2 billion.
The military provides many of the federal jobs within the state of New Mexico, since there are three air force bases within New Mexico: Holloman Air Force Base, Cannon Air Force base and Kirtland Air Force Base. Also in the state are the White Sands Missile Range, and Fort Bliss: McGregor Range, which is a proving ground and maneuver range. A May 2005 estimate by New Mexico State University is that 11.65% of New Mexico's total employment arises directly or indirectly from military spending. Other federal installations consist of the technology labs of Los Alamos National Laboratory and Sandia National Laboratories.
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