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WSP05845
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Last modified
1/26/2010 2:20:09 PM
Creation date
10/12/2006 1:19:08 AM
Metadata
Fields
Template:
Water Supply Protection
File Number
8507
Description
Rio Grande Project
State
CO
Basin
Rio Grande
Date
7/1/1997
Title
Water Management Study: Upper Rio Grande Basin part 2
Water Supply Pro - Doc Type
Report/Study
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<br />Water Management Study: Upper Rio Grande Basin <br /> <br />out. Indeed, between 1985 and 1990, the state experienced a net increase in <br />the population of persons with a bachelor's or higher degree and a net <br />decrease in the number of persons with less than a college-level education <br />(Ferguson 1995). New Mexico was unique in this regard relative to nearby <br />states-Colorado, Kansas, Missouri, Nebraska, Oklahoma and Wyoming- <br />each of which experienced a net outflow of highly-educated persons. <br />New Mexico's gain in highly-educated persons consisted almost entirely <br />of professionals in the retail trade and business services sectors. <br /> <br />):, <br /> <br />~s: <br />,~ <br />'. <br /> <br />McDonald (1995) notes that Albuquerque's manufacturing sector has grown <br />more rapidly than the national average since 1972 and that much of the <br />growth in this sector has occurred in jobs paying wages above the national <br />average. Nonetheless, for the sector as a whole, wages remain 15 percent <br />below the national average. Similarly in other sectors, overall earnings <br />remain below the national average, although the gap is narrowing. In the <br />state's services sector, for example, the number of jobs has grown more than <br />4.5 percent per year since 1989 and total earnings have grown about twice as <br />fast (McDonald 1995; Smith 1994). Much of the growth in services has <br />occurred in health services and in engineering and management services, <br />which reflects growth in the state's research and testing laboratories. <br /> <br />~ <br />t~~ <br />~.~ <br /> <br />L <br />')0; <br /> <br />'. <br />r~ <br />"-" <br /> <br />:,; <br />i:' <br /> <br />The ability of Albuquerque and New Mexico to continue to attract <br />highly-educated persons appears to be strong and widespread, although this <br />strength may be weakened somewhat if federal budget cuts markedly reduce <br />federal expenditures in the state. Federal expenditures in New Mexico <br />during fiscal year 1994 totaled more than $11 billion. On a per capita basis, <br />the $6,816 of federal funds spent in New Mexico was higher than the amount <br />spent in any state in the Rocky Mountains or Southwest geographic regions <br />and 36 percent higher than the national average (Bureau of Business and <br />Economic Research 1995). <br /> <br />".. <br />[0~ <br /> <br />,;~^ <br /> <br />0;;.:; <br />:~:. <br /> <br />f:.-' <br /> <br />':..,: <br />,'C" <br /> <br />,'-'~ <br /> <br />.' <br /> <br />3. Amenities are Increasingly Important in the locational Decisions of <br />Workers, Households, and Firms <br /> <br />,'--, <br /> <br />'.;-. <br /> <br />The subregional economies of the study area, and especially its metropolitan <br />areas, have been growing rapidly for several decades and the area's social, <br />cultural, and natural-resource amenities undoubtedly contribute to this <br /> <br />f;::;, <br />r, <br /> <br />&: <br /> <br />, C.2931 <br /> <br />t~~ <br />f,;., <br /> <br />so <br />
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