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Near-20% of NM restaurants gone as result of economic shutdowns

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Santa Fe – The New Mexico Restaurant Association recently issued a troubling media release, detailing the near-20% closure rate of NM restaurants following Governor Lujan Grisham’s multiple statewide economic shutdowns. According to the release, from December 2019 through December 2021, New Mexico saw 1093 restaurants go out of business according to Gross Receipts Tax reporting.

 

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