Gerald Martin News

New Mexico’s Growing Construction Industry

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Gerald Martin is thrilled to be part of the growing construction industry throughout New Mexico. According to the ABQ Business First, “Construction employment numbers are out for June, and the news is positive for all but one of New Mexico’s major metro areas.

Construction employment grew between June 2012 and June 2013 in the Albuquerque and Santa Fe metro areas, but decreased in the Las Cruces metro. The new data was released July 30 by the Associated General Contractors of America.

The Albuquerque area gained 1,100 construction jobs during the time frame, increasing from 19,200 in June 2012 to 20,300 in June 2013. The Santa Fe area gained a more modest 100 construction jobs, rising from 2,800 to 2,900. The Las Cruces metro area dropped from 3,500 in June 2012 to 3,200 in June 2013, a decrease of 300 construction jobs. The Farmington metro area was not analyzed in the report.

New Mexico gained 1,900 construction-related jobs, rising to 43,700 last month from 41,800 one year ago. Despite experiencing modest gains in recent months, the number of construction jobs in New Mexico is 15,900 below its peak level, when 59,600 were employed in the industry in June 2006.

One of our most exciting projects Gerald Martin worked on is the $20 million facelift to the Albuquerque Convention Center, which will have a major positive impact on Albuquerque’s tourism industry. Mayor RJ Berry and other city officials were on hand in July to unveil the project. The mayor said the renovations should make the Convention Center and the City more marketable, increasing its economic impact by generating more convention bookings. He hopes the center will generate $21.6 million in FY14 because of the upgrades.

  • Gerald Martin Ltd.
  • 4901 McLeod NE
    Albuquerque, New Mexico 87109
    P.O. Box 91450 (87199)
  • Office: 505.828.1144
    Fax: 505.828.9491
    ABC New Mexico Chapter ASA New Mexico Chapter