On The Econ Beat: Market Jitters Prompt Recession Talk; Where Does NM Stand? Plus: Some Economic Drivers And Worries

Published: 6/12/2018
On The Econ Beat: Market Jitters Prompt Recession Talk; Where Does NM Stand? Plus: Some Economic Drivers And Worries
Source: WWW.BLOGGER.COM

The price of oil continues to hug the low 50's, which is around the $55 mark that the bean counters at the Legislative Finance Committee are counting on to give the state a budget surplus in the vicinity of $1.5 billion and perhaps more. The oil price is almost as critical to the success of Governor-elect Lujan Grisham as her Election Night victory. Without that surplus you're pedaling in place.

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