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IMPROVING NEW MEXICO’S WATER MANAGEMENT - page 12 / 47

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Table 10 indicates the Gross State Product (GSP) by each sector from 1994 to 2000. The

New Mexico economy grew during this period at 4.4%. Mining and communications were the

fastest growing sectors. Agriculture accounts for less than 2% of the GSP, but for the vast

majority of total water use. Table 11 indicates employment by industry. Agriculture has

maintained its position relative to the rest of state in employment growth, but again it only

accounts for about 2% of total employment.

The state’s tourist, fishing, and recreational industries also contribute to the gross state

product and are dependent in large part upon instream flows. Total fishing expenditures for New

Mexico’s rivers and lakes amounts to $175 million per year (U.S. Fish and Wildlife Service,

1996 Survey). Using a ratio consistent with the national average of fishing expenditures to total

water based recreation amounts (Value of Recreational Water, Ron Kaiser, Water and Future of

Kansas Conference, March 2001), New Mexico’s rivers and lakes would have a total water based

recreational value of $484 million dollars per year in expenditures.

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