NM economic development secretary offers lawmakers reassurances amid film industry slowdown

New Mexico's economic development secretary, Rob Black, assured state lawmakers that despite the slowdown in the film industry, the state's economy is still diversifying and expanding. Black highlighted ongoing efforts to attract new sectors and industries, suggesting that the state is strategically shifting to mitigate the impact of the film industry's downturn. This reassurance is crucial as the film industry is a significant contributor to the state's economy, and its slowdown could otherwise pose a serious threat to local jobs and revenue.