TradeAtlas · Trade Market Report

New Mexico

Data through June 2026Published August 2026Digest g0.1 · Provisional

Compiled from BLS, Census, Indeed Hiring Lab. Government statistics publish on a lag, so the latest month shown trails the calendar; every figure carries its own “data through” date.

This is the most recent edition. Newer government data for this state has not been published yet.

This month

Hiring and the pipeline are moving in opposite directions: employment rose 0.2% while permits fell 26.0%. Permits lead construction hiring by roughly a year, so this is the kind of gap that shows up in payrolls later. BLS · Census Residential building permits fell 26.0% year over year, to 547 units authorized in June 2026. Census Job postings across all industries in New Mexico fell 11.2% year over year. Indeed Hiring Lab

01 · Indicators

Construction employment
55,600
+0.2% YoY
BLS · Jun 2026
Building permits
547
−26.0% YoY
Census · Jun 2026
Unemployment
4.8%
+20.0% YoY
BLS · Jun 2026
Job postings index
108.8
−11.2% YoY
Indeed Hiring Lab · Jun 2026

02 · Tightest trades in New Mexico

Explore every trade and state →
#TradeIndexVs. 50 states
1Electrical61.0Critical
2General Contracting57.7Critical
3Flooring56.0Shortage
4Plumbing54.4Shortage
5Solar52.8Shortage
6HVAC51.5Critical
7Garage Doors45.3Shortage
8Pool & Spa45.0Shortage
9Windows & Doors42.7Shortage
10Painting38.5Shortage
11Landscaping37.6Critical
12Roofing35.5Shortage
13Concrete & Masonry34.5Tightening
14Insulation33.5Shortage
15Fire Protection30.3Balanced
16Fencing28.1Shortage
17Cleaning & Restoration28.0Shortage
18Pest Control20.5Tightening
19Appliance Repair17.4Balanced
20Locksmith9.7Tightening

Index 0–100, methodology v0.2 · Band is this state’s percentile among the 50 states for that trade · Wages adjusted by BEA regional price parity

03 · Desks

Jobs

Open roles and hiring momentum in this market.

New Mexico in the Trade Demand Index →
Projects

Federal construction awards and permit activity.

Coming in a later edition
Policy

Licensing, wage and safety rules changing in this state.

Contractor licensing by state →
Companies

Contractors active in this market.

Company directory →
Sources in this edition
  • BLS · Construction employment, seasonally adjusted (BLS CES, via FRED) · through 2026-06
  • Census · Private housing units authorized by permit (Census BPS, via FRED) · through 2026-06
  • BLS · Unemployment rate (BLS LAUS, via FRED) · through 2026-06
  • Indeed Hiring Lab · Job-postings index, all sectors (Indeed Hiring Lab, CC BY 4.0) · through 2026-06
  • TradeAtlas · Trade Demand Index, methodology v0.2 — how it is built
Colophon

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis. This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. Employment and unemployment data are published by the U.S. Bureau of Labor Statistics. Job-postings data © Indeed Hiring Lab, CC BY 4.0. Every sentence above is a fixed template filled from those series; the numbers behind each one are published with it. The report is TradeAtlas’s own derivative product; no source named here endorses it.

Edition 2026-06 · digest g0.1 · computed 2026-08-25