EDD Sets Groundwork For Economic Recovery Across State
COVID-19 emergency funds awarded to the Mobile Bike Center in Gallup. Courtesy/EDD
EDD News:
SANTA FE — From global manufacturing and biosciences, to outdoor recreation and film production, the Economic Development Department (EDD) set the foundation for long-term job growth in 2020, putting New Mexico on the path to sustainable recovery, Cabinet Secretary Alicia J. Keyes said Tuesday.
The COVID-19 pandemic and the public health emergency brought unprecedented challenges to small businesses, employees, and the overall economy.
But EDD moved quickly in 2020 to assist businesses with direct economic assistance to train or hire new workers, acquire land, and expand infrastructure. The initiatives will boost growth and hiring in the coming year.