1. Economic Development Action Account

2. 22 ALBUQUERQUE METROPOLITAN AREA Peer Comparison of Economic Performance and Underlying Drivers February 20, 2013

3. 33 Cities: Albuquerque, Belen, Moriarty, Los Lunas & Rio Rancho Towns: Bernalillo, Estancia, Mountainair, Peralta Villages: Bosque Farms, Corrales, Cuba, Encino, Jemez Springs, Los Ranchos de Albuquerque, San Ysidro, Tijeras, Willard ABQ = 60% OF THE METRO POPULATION Albuquerque Metropolitan Area

4. 44 Colorado Springs CO El Paso TX Oklahoma City OK Salt Lake City UT Tucson AZ PEER CITIES

5. 55 ABQ METRO PERFORMANCE OUTPERFORMS U.S AVERAGE POSITIVE JOBS OUTLOOK UPSIDE POTENTIAL

6. 66 ABQ Metro – Slower Employment Growth Payroll employment % Growth, 1990=100 Sources: BLS

7. 77 ABQ Metro Lacks Private Sector Employment Private service employment, 1990=100 Sources: BLS, Moody’s Analytics

8. 88 Many Highly Educated Workers Sources: Census Bureau, Moody’s Analytics Residents with a graduate or professional degree, 2011, %

9. 99 Well-Funded University Research Sources: Census Bureau, Moody’s Analytics Academic R&D spending per $1,000 of output, $, 2007

10. 10 Industry Job Growth % Has Been Below Avg Professional services employment,1990=100 Sources: BLS, Moody’s Analytics

11. 11 Well-Funded University Research Sources: Census Bureau, Moody’s Analytics Academic R&D spending per $1,000 of output, $, 2007

12. 12 Spinning Off Less Private Research Sources: Census Bureau, Moody’s Analytics Industry R&D spending per $1,000 of output, $, 2007

13. 13 Attracting Less Private Investment Sources: PriceWaterhouse Coopers Money Tree Survey, Moody’s Analytics Per-capita venture capital equity investment, 2000-2012, $

14. 14 Locals and Feds Lead Public Declines Albuquerque government jobs, change from previous year, # Sources: BLS, Moody’s Analytics

15. 15 Employment Changes Since Recession Sources: BLS, Moody’s Analytics Payroll employment, change from previous quarter, #, SA

16. 16 Stable Public Sector Performance Government employment, 1990=100 Sources: BLS, Moody’s Analytics

17. 17 If We Don’t Act Now… Employment, 2012=100 Sources: BLS

18. 18 Lack of Exports Constrains Economy Sources: BEA, International Trade Administration, Moody’s Analytics Exports, % of gross metro product

19. 19 Southwest States & Mexico

20. 20 Right to Work

21. 21 According to the Kaufman Foundation TexasA+ OklahomaA+ UtahA+ ArizonaC New MexicoC- STATE TAX CLIMATES MATTER

22. E EDAct Funding 1.Marketing 2.Retention and Expansion 3. Closing Fund 4.Workforce Development

23. Aerospace Aviation Solar Technologies Electronics Bio/ Nano Technologies Directed Energy/ Optics Shared Services Film and Media Tourism Entrepreneurship *Cyber Security *Water Technology

24. Searchable Database Promoting ABQ Businesses

26. 26 ABQ Economic Development Components JOBS Business Climate Education / Workforce Dev. Exports/Interna tional Trade Tourism / Arts & Culture Private Sector Tech Transfer Entrepreneurship Recruit/Retain/ Expand Bolster Public Sector Public Policy Tax & Reg Venture Capital Marketing the Metro

27. 27 Summary