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Southeastern New Mexico’s Leading Edge in State Economic Recovery Will Be Topic of NMJC-Co-sponsored Conference in Carlsbad and Hobbs

6/3/2013 11:05:23 a.m. - Hobbs, NM. HOBBS – Recent economic trends and the future of the Southeastern New Mexico economy will be the focus of a two-day event to be held in Hobbs and Carlsbad, and sponsored, among several others, by New Mexico Junior College.

“The Role of Southeast New Mexico in the Global Economy,” which will feature New Mexico State University Regents Professor Jim Peach as the main speaker, will be held June 10 in Carlsbad at the Pecos River Village Conference Center, and June 11 at the Lea County Event Center Banquet Hall.

Speakers at the conference will discuss New Mexico’s difficulties in keeping up with the national pace of economic recovery since the summer of 2009. There will also be discussion of the differences between economic performance between northern and southern New Mexico, as well as the southeastern part of the state’s leading edge in the recovery, and the fact that most of New Mexico’s economic growth has been driven by energy and trade.

Jim Peach, Regents professor of economics and international business at NMSU, is a former editor of the Journal of Borderlands Studies, and has served as president of the Rocky Mountain Council on Latin American Studies, the Association of Borderlands Studies, the Association for Evolutionary Economics and the Western Social Science Association. His research includes macroeconomics and policy, energy, economic development, income distribution and demography. He also completed work on a four-year U.S. Department of Energy grant linking energy and economic development in New Mexico.

Other presenters and topics are as follows:

·       The Global Economy, by Michael Sposi, research economist with the Federal Reserve Bank of Dallas;

·       The National Economy, by Roberto Coronado, assistant vice president in charge, Federal Reserve Bank of Dallas

·       Southern New Mexico Trade, by Jerry Pacheco, president of Global Perspectives Integrated Inc.;

·       Refining and Petrochemicals, by Jesse Thompson, business economist with the Federal Reserve Bank of Dallas-Houston Branch.

The event is sponsored, in addition to NMJC, by U.S. Sen. Tom Udall of New Mexico, Lea County, the Hobbs, Artesia, Hobbs Hispano, Hobbs African American, Eunice and Carlsbad Chambers of Commerce, New Mexico State University, the Economic Development Corporation of Lea County and America’s Small Business Development Corporation.

For more information call (915) 521-5259.

New Mexico Junior College is a comprehensive community college located in Hobbs.

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