November 12, 2009. Retrieved online November 12, 2009 from Brook Stockberger, Las Cruces Sun-News
LAS CRUCES – While the nation deals with double-digit unemployment, Doña Ana County received some good economic news on Wednesday.
The Milken Institute announced that the Las Cruces metropolitan statistical area (MSA) – which includes the entire county – has made its way into its Top 10 list of 2009’s Best-Performing Small Cities. The rankings – Las Cruces came in at No. 9 – are based mainly on job creation and sustainability, which means the independent think tank believes the Las Cruces area is moving in a positive direction.
Midland, Texas, was ranked No. 1, while three other Texas cities also made the Top 10.
It’s the first time Las Cruces has made it into the Top 10 since 2004 when it ranked second.
The Milken Institute cited the impending construction of Spaceport America and the “low cost of doing business” as two benefits for the region.
“New Mexico State University, White Sands Missile Range and NASA White Sands Test Facility continue to be the economic engines of the region,” the report states. “With the growing aerospace engineering program at NMSU attracting aerospace firms … Las Cruces is becoming a major player and top location for aerospace and space related technology R&D firms.” …
“Las Cruces makes the best-of list for a lot of things,” said James Peach, who teaches economics and international business at NMSU. “So this doesn’t surprise me. It’s a nice-sized city without a lot of traffic problems; it’s attractive both to people looking for a place to live and for clean industries.”
Read the article.