13-05-2016 20:31 via krqe.com

Recent Intrepid Potash mine layoffs hurt Carlsbad economy

CARLSBAD, N.M. (AP) – The recent layoffs at a potash mining facility in southeastern New Mexico are expected to slow the economy in surrounding areas.
The Carlsbad Current-Argus reports that experts expect the 300 employees laid off by Intrepid Potash Inc. on Monday will pull the economy down, though Eddy County’s diverse economy should provide some shelter in the coming financial storm.
Bureau of Labor Statistic economist James Howard Jr. says Eddy County relies on mining, with more
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