SANTA FE, N.M. (AP) — Economic analysts say that New Mexico is risking a public backlash and possibly overlooking recovery opportunities by not conducting an economic analysis of its pandemic-related health restrictions.
State and independent analysists told a panel of legislators Friday that consumer confidence is key to the state's recovery as time goes on. Staff at the budget and accountability office of the Legislature said the state should consider incorporating more economic indicators into its pandemic policy decisions and build an economic dashboard to better track progress of economic recovery.
The administration of Gov. Michelle Lujan Grisham is taking a cautious approach to lifting health restrictions and reopening the economy.