The economy in Las Cruces, New Mexico is based on agriculture, education, commerce and defense/aerospace. The government is the primary source of employment in the area due to White Sands Missile Range and New Mexico State University. The White Sands Missile Range is the Army's largest installation. Other government agencies, private industries, foreign militaries and universities also conduct research at the facility.
The North American Free Trade Agreement and the opening of a nearby border crossing has attracted numerous companies to the region that want to work with factories in nearby Mexico. The region also includes a group of industrial and research parks.
Agricultural products which contribute to the local economy include peppers, onions, cotton and a variety of vegetables and dairy products. The region is also one of the world's largest pecan producers.
On-site and classroom job training are provided via the State of New Mexico Industrial Development Training program. The program provides companies with customized training and allows the employers to choose training candidates. The program is not just for economically disadvantaged people.
Facts about Las Cruces, New Mexico: The average salary in Las Cruces in 2009 was $25,000. The cost of living index in 2008 was 87.6. The national average is 100. In Las Cruces 28% of the residents 25 years of age and older have earned a bachelor's degree or better.
The region's significant employers:
- New Mexico State University
- White Sands Missile Range
- Las Cruces Public Schools
- Memorial Medical Center
- City of Las Cruces
- Allied Signal Aerospace
- Excel Agent Services
- Dona Ana Branch Community College
- Mountain View Regional Medical Center
- Dana Ana County
- Honeywell Technology
- NM Corrections Department
- Tyson Prepared Foods
- NMSU Physical Science Lab
- Wells Fargo
The top non-agricultural employment segments in the city are:
- Trade, transportation and utilities
- Leisure and hospitality
Local companies can obtain assistance from useful associations such as:
- Las Cruces Chamber of Commerce
- Mesilla Valley Economic Development Alliance
- New Mexico Economic Development Department
- New Mexico Manufacturing Extension Partnership
People can stay current with local business and industry news by reading the Las Cruces Sun-News.