Published: 1:00 pm, Thu. Oct. 22nd, 2015Updated: 1:43 pm
Eddy County ranks ninth in the state in terms of economic growth according to a list released by New York financial technology company SmartAsset.
New Mexico counties were measured by changes in their local Gross Domestic Product (GDP) over a four-year period. Eddy County saw business growth of 2.9 percent, the second-highest on the list behind fifth-ranked Lea County, which experienced 6.7-percent growth.
The study reports $94 million in GDP growth for Eddy, an average building permit issuance of 5.1 per 1,000 homes, and $864 in municipal bonds per capita.
Topping the list was Bernalillo county with more than $1 billion in GDP growth, followed distantly by Santa Fe County at $337 million, Dona Ana County at $256 million, San Juan at $203 million, and Lea at $121 million.
Sandoval and Chaves counties were also ranked ahead of Eddy, with Taos and Curry rounding out the top 10.