# Real GDP: Real GDP by state: Construction (23) — New Mexico (chained 2017 USD mn (SAAR))

Real GDP: Real GDP by state: Construction (23) — New Mexico (chained 2017 USD mn (SAAR)) was down 0.2% year on year in Q2 2026, compared with −2.0% in Q1 2026.
The level stood at 4,331.6 chained 2017 USD mn (SAAR).
That is the highest reading since Q2 2025.
Over the past ten years it has ranged from −9.9% (Q3 2022) to 15.0% (Q4 2023), averaging 1.9%.

- Source agency: U.S. Bureau of Economic Analysis (Regional Economic Accounts)
- Makrognosis code: `US-NM.GDP.Q.SA.IND-BEA11`
- Frequency: quarterly
- Units: chained 2017 USD mn (SAAR)
- Coverage: 2005-01-01 to 2026-04-01 (86 observations)
- Page: https://makrognosis.robomacro.com/data/united-states/real-gdp-real-gdp-by-state-construction-23-new-mexico-chained-2017-usd

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 4,331.6 chained 2017 USD mn (SAAR) | −0.2 |
| Q1 2026 | 4,240.5 chained 2017 USD mn (SAAR) | −2.0 |
| Q4 2025 | 4,282.0 chained 2017 USD mn (SAAR) | −2.8 |
| Q3 2025 | 4,298.3 chained 2017 USD mn (SAAR) | −1.1 |
| Q2 2025 | 4,340.0 chained 2017 USD mn (SAAR) | 4.1 |
| Q1 2025 | 4,327.1 chained 2017 USD mn (SAAR) | 3.6 |
| Q4 2024 | 4,405.0 chained 2017 USD mn (SAAR) | 4.9 |
| Q3 2024 | 4,346.4 chained 2017 USD mn (SAAR) | 5.2 |
| Q2 2024 | 4,167.3 chained 2017 USD mn (SAAR) | 6.0 |
| Q1 2024 | 4,177.7 chained 2017 USD mn (SAAR) | 11.5 |
| Q4 2023 | 4,199.0 chained 2017 USD mn (SAAR) | 15.0 |
| Q3 2023 | 4,129.9 chained 2017 USD mn (SAAR) | 13.6 |
| Q2 2023 | 3,930.1 chained 2017 USD mn (SAAR) | 3.9 |
| Q1 2023 | 3,745.6 chained 2017 USD mn (SAAR) | −2.2 |
| Q4 2022 | 3,652.4 chained 2017 USD mn (SAAR) | −5.8 |
| Q3 2022 | 3,635.5 chained 2017 USD mn (SAAR) | −9.9 |
| Q2 2022 | 3,783.6 chained 2017 USD mn (SAAR) | −6.0 |
| Q1 2022 | 3,827.9 chained 2017 USD mn (SAAR) | −4.8 |
| Q4 2021 | 3,875.3 chained 2017 USD mn (SAAR) | −2.5 |
| Q3 2021 | 4,035.2 chained 2017 USD mn (SAAR) | 1.7 |
| Q2 2021 | 4,026.4 chained 2017 USD mn (SAAR) | −2.8 |
| Q1 2021 | 4,019.2 chained 2017 USD mn (SAAR) | −3.8 |
| Q4 2020 | 3,975.6 chained 2017 USD mn (SAAR) | −6.2 |
| Q3 2020 | 3,968.4 chained 2017 USD mn (SAAR) | −7.5 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US-NM.GDP.Q.SA.IND-BEA11"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US-NM.GDP.Q.SA.IND-BEA11",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```