New Mexico stands at 41st in overall economic freedom according to Cato Institute’s latest report

According to the Freedom in the 50 States report recently released by the Cato Institute New Mexico again registers as one of the least economically-free states in the nation. As seen in the map below New Mexico trails each of its neighbors badly while falling more in line with MLG’s “dream” state of California and other slow-growth, “deep blue” states.

New Mexico DOES perform fairly well in the area of “personal freedom” ranking 5th overall, but combined with its economic freedom score, that nets New Mexico a still mediocre 35th overall ranking.