New Mexico Defense Breakdown Economic Impact Report
Defense Contracts by Hub Zone Representation, New Mexico, 2010
Using Contractor Location Data -- Sorted by Hub Zone Representation
New Mexico Summary Report
Go to www.forthecommondefense.org/reports to view detailed reports on New Mexico counties, cities, Congressional Districts, industries, small businesses and information on sources and methodology.
- 9%: In 2012, President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action." Defense budgets for 2013-2021 were cut $487 billion -- a 9% cut, at a minimum.
- 18%: "Sequestration," required by law in 2011, mandates $500 billion more in 2013-2021 defense cuts -- an 18% cut, at a minimum. President Obama said he will veto any changes Congress makes.
- Be Prepared: In 2013 these cuts in defense jobs and businesses will hit New Mexico counties, cities and industries. This report shows how "National Average" defense budget reductions of at least 9% and 18% could affect New Mexico, using actual 2010 New Mexico data.
- Ask Questions: In 2012, Congress and President Obama will decide on the specific defense budget cuts. In the next 6 months, find out if these defense cuts affect your community more -- or less -- than this national average. See www.forthecommondefense.org/reports for reports on cities, counties, industries and more.
| State | Contract Year | Hub Zone Representation | Contract Count | $ Amount | Reduction
by 9.0% | Reduction
by 18.0% | | New Mexico | 2010 | No | 1,824 | $955,203,288 | -$85,968,299 | -$171,936,599 |
| New Mexico | 2010 | Yes | 169 | $41,650,997 | -$3,748,590 | -$7,497,180 |
TOTAL | | | 1,993 | $996,854,285 | -$89,716,889 | -$179,433,779 |
Created by the Center for Security Policy
Defense Breakdown Economic Impact Report Generator (v.2.2.0-CL) February 20, 2012 00:06:01 www.forthecommondefense.org