Translation Services in Albuquerque – Economic Profile
The city of Albuquerque with a population of about 524,000 people is located in the state of New Mexico at the Rio Grande River. It is the largest city in the state and the second fastest growing city in the United States.
Albuquerque has a vibrant economy that is based on high technology, manufacturing, government services, defense, and tourism. The city is home to major companies such as Intel, Sandia National Laboratories, Zomeworks, Tempur-Pedic, Lawrence Livermore Laboratory, Tesla Motors, American Laser Games, High Desert Investment Corporation, SBS Technologies, PNM, and Micro Instrumentation and Telemetry Systems. In addition, Kirtland Air Force Base is located nearby.
Albuquerque is a major cultural center, with many performing arts institutions and museums located in the city. It plays also host to numerous festivals and cultural events such as Tricklock’s Revolutions, Albuquerque International Balloon Festival, New Mexico State Fair, and Words of Fire Festival.
Higher education in the city is provided by the University of New Mexico, Trinity Southwest University, National American Southwest University, University of St. Francis, IIT Technical Institute, and the University of Phoenix.
The city’s racial composition is diverse. About 40% of the population is Hispanic, 3% African American, 4% Native American, and 2% Asian. All these aspects provide opportunities for multi-lingual communications.