The Biopharmaceutical Sector's Impact on the U.S. Economy: Analysis at the National, State, and Local Levels
New Mexico
The biopharmaceutical sector is an important source of employment and output in the U.S. economy. Nationally, the sector supported a total of 3.2 million jobs and $626.6 billion in output in 2006. The sector also invested $44.9 billion in research and development conducted within the U.S. that year.
In New Mexico, the sector supported a total of 43,029 jobs and $5.1 billion in output. Sector companies also invested $164.5 million in research and development in New Mexico in 2006. The fact sheet below presents an analysis of the impact of the biopharmaceutical sector on the economy of New Mexico in 2006.
VIEW NEW MEXICO FACT SHEET