November’s unemployment data shows that New Mexico (and Albuquerque) continue to dodge the worst of the recession. Albuquerque’s unemployment rate for November was 4.4%. It actually dropped from October when the rate was 4.6%.

Next month, I will go into more details about individual sectors of the economy as I take a look at the full year’s data.

Happy New Year everyone. It should (has?) to be better .

Housing starts for the metro area for November: 64.

A couple of years ago, that was a bad weekend’s tally.

Not that it matters a whole lot, but the ‘leader’ is Albuquerque with 29, followed by Rio Rancho with 23.