Economic Impact
As New Mexico continues to lift out of the national recession, the 22 MainStreet districts across New Mexico are doing their part. During Fiscal Year 2011, entrepreneurs on MainStreet launched 140 net new businesses and created 598 net new jobs. While private reinvestment in building rehabilitation projects has not yet climbed back to pre-recession levels, MainStreet's owners nevertheless put $9.3 million back into 167 building rehabilitation projects. And they are making dollars go farther -- With facade squads and other community work, local NMMS programs racked up 24,860 volunteer hours for FY 2011.
| New Mexico MainStreet Reinvestment Statistics | |
| Fiscal Year 2011 (July 1, 2010 – June 30, 2011) | |
| Updated June 2011 | |
| Net Number of New Businesses | 140 |
| Number of Business Expansions | 18 |
| Number of Building Rehabilitations | 167 |
| Dollars of Private Reinvestment | $9,365,070 |
| Number of Public Projects | 71 |
| Dollars of Public Investment | $14,011,980 |
| Number of Joint Public/Private Projects | 26 |
| Dollars Invested in Public/Private Projects | $922,818 |
| Number of New Buildings Constructed | 2 |
| Dollars Invested in New Building Construction | 1,500,000 |
| Net Number of New Jobs | 598 |
| Dollars of Public Sector Grants | $1,247,091 |
| Dollars of Private Sector Grants | $271,017 |
| Volunteer Hours | 24,860 |
For a more detailed breakdown and analysis of financial information, you may download prior year's annual reports:
- 2009 Annual Report (PDF)
- 2008 Annual Report (PDF)
- 2007 Annual Report (PDF)
- 2006 Annual Report (PDF)
- 2005 Annual Report (PDF)
- 2003 Annual Report (PDF)
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