It is no surprise to even the most casual of local observers that Albuquerque’s economy faces major challenges. With voters now heading to the polls to vote on yet another mandate on local businesses, it is worth noting that the City’s economy is among the weakest in the nation.
As the following chart from the Brookings Institute notes, Albuquerque ranks an abysmal 97th out of 100 cities in overall growth in their 2017 rankings. The question for those going to vote in this election is: with an overwhelming majority of businesses opposed to the mandatory paid sick leave regulations, will Albuquerque EVER be able to recover economically? Or will the exodus of productive people and businesses only accelerate?