Document Type

Report

Publication Date

12-1959

Abstract

This issue reports that October 1959 saw only a mild seasonal decline in statewide business activity, with construction employment experiencing its sixth consecutive monthly drop and falling “nearly 22% below its record high in April.” It also features Ralph L. Edgel’s analysis of how New Mexico’s income distribution shifted between 1947 and 1957, highlighting the dramatic rise of middle‑income households and its implications for consumption, savings, and industry performance.

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