Government should spend within means

Freedom New Mexico What happened to our economic recovery? Recent days have seen a slew of negative economic news: • U.S. single-family home prices dropped 0.2 percent in March from February, as measured by the S&P Case-Shiller composite index of 20 metropolitan areas. “The price index was below the low seen in April 2009 during […]

Economic development official recruiting tenants for industrial park

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Kevin Wilson Hundreds of acres to pick from. Railroad and utility access available. It’s a pitch Clovis Industrial Development Corporation officials believe is a winner when it comes to the Clovis Industrial Park. But the 250-acre park, finished in the summer of 2008, has been slow to attract potential industries. After two-plus years, just one […]

Press release: Xcel to upgrade local power system

Xcel Energy is spending $874,000 to add capacity to the Portales electric distribution system to remedy imbalances in the system that caused power outages in the recent bouts of extremely cold weather. Changes in customer usage patterns and growing electrical load have overburdened portions of the Xcel Energy distribution system in parts of Portales. David […]

A few things you should know about this year’s Ag Expo

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The 19th annual New Mexico Ag Expo is coming, and with it, well over $100,000 in economic impact. Roosevelt County Chamber of Commerce Executive Director Karl Terry said if 50 out-of-town vendors come, a conservative estimate, they would spend a total of $22,000 to $25,000 in town. Figuring that money will change hands six times […]

Economic activity spiking in region

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Sharna Johnson Portales and Clovis are experiencing economic energy despite a rough economy, according to economic development directors in the communities. Greg Fisher, Roosevelt County Community Development Corporation executive director, spoke of expansion in a variety of areas. Recently the Abengoa bioethanol plant reopened after two years of inactivity, employing nearly 50 people, and trucking […]

Their view: Recession result of financial deregulation

Tucumcari resident Leon Logan offers his thoughts on the economic recession in a letter to the editor: The economic recession we are in is the direct result of deregulation of the financial industry. With the facts staring us in the face some (new governor and lieutenant governor) want to further eliminate governmental controls — “common […]

Shop owners say holiday profits mixed

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Alisa Bowell According to many local Clovis and Portales business owners, their holiday sales for 2010 have been good, despite the economic downturn. Randy Petty of Ace Hardware in Clovis said the store’s sales numbers are always at their highest in the summer due to the amount of outdoor products sold in the store. He […]

Local shops good place to find gifts

Clyde Davis With what do we give the ones we love, in this time and this place where there is so much economic turmoil — or is it inequality, or is it so much smoke and fuss over a normal situation? With what, at any rate, do we make a meaningful impact on someone’s Christmas, […]

Bond D will also impact economic growth

Portales’ Jimmie Shearer is among supporters of Bond D for higher education, which is on Tuesday’s election ballot. Here’s Shearer’s letter to the editor:

Government stifles prosperity

By Tibor Machan: Freedom columnist At this time when most people are clamoring for economic revival, the major debate centers around how it could be achieved. One side, mainly the current administration and its supporters in the academy, believe in some variety of stimulus initiated by the federal government — funneling funds (taken from taxes […]