N.M. tumbles in annual CNBC business climate survey

More than five years into an administration that touts its pro-business policies, New Mexico has dropped further than any other state in the annual survey of business climate by CNBC, the financial news network.

The survey puts New Mexico at 39th among the 50 states, down 15 spots from last year. CNBC attributed much of the decline to workers leaving New Mexico because of the bust in oil production.
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