NEW MEXICO (KRQE) – One of the country’s biggest moving companies now said there has been a major drop in the number of people moving to the Land of Enchantment in 2024. It’s another indicator of slowing growth in New Mexico where population experts have predicted a slowdown.
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“Our population is getting older like most of the country and when people are getting older you have fewer births and more deaths,” said University of New Mexico research scientist Jacquelin Miller, who focuses on population studies. Miller said the data indicates about new Mexico’s future. She published a study last year forecasting very slow population growth in the state through 2035 followed by a decline. “That means that growth is more dependent on migration than it has been in our history,” said Miller.
New numbers from U-Haul indicate that growth has recently slowed. The company ranked New Mexico 37th, for the number of one-way trips moving into the state last year down 21 spots from 2023. That data aligns with a trend that UNM researchers have already seen over the last few years with more residents moving out of the state than coming in…