The Beacon Hill Institute is an economic research think tank attached to Suffolk University in Boston. They do an annual “State Competitiveness Index” in which they rank all 50 states based on several public policy areas. Those areas include: Government & Fiscal Policy, Security, Infrastructure, Human Resources, Technology, Business Incubation, Openness, and Environmental Policy.
According to the index, New Mexico performed best (8th) in Openness and Environmental Policy. New Mexico’s worst scores were in Fiscal Policy and Business Incubation.
There are a number of indexes out there which purport to measure a state’s overall economic competitiveness. Given New Mexico’s frequent appearance at the bottom of such lists and our generally-poor economic performance, our state’s appearance at 44th on Beacon Hill’s list leads me to believe the data is fairly accurate.