Tax and Fiscal

The Potential Economic Impact of the National Broadband Plan on the New Mexico Exchange Carriers Group

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Study Overview

The Arrowhead Center at New Mexico State University produced this report assessing the economic impact of proposed Federal Communications Commission rule changes on the New Mexico economy. The REMI PI+ model was used to model the approach to reduce Universal Service Fund revenue in the telecommunications sector by $34.5 million per year between 2012 and 2021, producing substantial estimated impacts. In 2012, the estimated impacts included the loss of 99 jobs in the telecommunications industry, 261 private sector jobs, a total employment loss of 335 jobs, $14.1 million less in New Mexico personal income, and a decrease in tax revenue of $978,000. Over the