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American Realtors > New Mexico Federal government spending, mostly related to the military, is a major driver of the New Mexico economy and provides more than a quarter of the state's jobs. Albuquerque has gained a growing number of retirees, especially among armed forces veterans and government workers. The warm, semi-arid climate has contributed to the exploding population of Albuquerque. Major cities include: Albuquerque, Las Cruces, Santa Fe, Rio Rancho and Roswell. New Mexico is the Land of Enchantment.
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