Table 3. Number of private sector establishments by direction of employment change, annual March to March New Mexico Establishments gaining jobs Establishments losing jobs Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 1,214 15,514 10,565 4,949 11,787 8,052 3,735 March 1995 3,640 16,986 10,732 6,254 11,785 9,171 2,614 March 1996 -1,931 15,044 10,575 4,469 15,978 9,578 6,400 March 1997 469 15,498 10,350 5,148 14,354 9,675 4,679 March 1998 507 15,600 10,480 5,120 14,313 9,700 4,613 March 1999 266 15,498 10,507 4,991 14,646 9,921 4,725 March 2000 79 15,600 10,760 4,840 14,505 9,744 4,761 March 2001 273 15,643 10,538 5,105 14,961 10,129 4,832 March 2002 11 15,215 10,299 4,916 15,075 10,170 4,905 March 2003 234 15,454 10,582 4,872 14,751 10,113 4,638 March 2004 652 16,243 11,078 5,165 14,351 9,838 4,513 March 2005 262 16,614 11,413 5,201 14,987 10,048 4,939 March 2006 1,201 17,462 11,727 5,735 14,849 10,315 4,534 March 2007 605 17,458 11,842 5,616 15,696 10,685 5,011 March 2008 510 17,057 11,449 5,608 16,561 11,463 5,098 March 2009 -1,076 14,417 9,491 4,926 19,272 13,270 6,002 March 2010 -625 14,050 9,353 4,697 17,511 12,189 5,322 March 2011 -212 15,338 10,584 4,754 15,677 10,711 4,966 March 2012 125 15,928 10,949 4,979 15,228 10,374 4,854 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.