New Mexico ties for 46th in latest Economic Freedom Report

The Canada-based free market think tank, The Fraser Institute, has released its 2015 report “Economic Freedom of North America.” After jumping up to 40th in the 2014 Index, New Mexico settled back down to 46th, tied with Hawaii see chart on p.1.2b).

Notably, New Hampshire won the top slot while neighboring Texas came in 3rd in the Index. New Mexico outperformed only Alaska, California, and New York in the Index. As the Institute notes, states with higher levels of economic freedom have faster economic growth and higher living standards.

A brief video outlining the results can be found below: