The Jerome model published an updated forecast of the election result. The model currently predicts a two-party vote share of 52.2% for Clinton, and 47.8% for Trump in New Mexico.
Putting the results in context
As any other method, models are subject to bias. Thus, as a general rule, don't be overly confident the results of a single econometric model. At the very least, one should examine how a model's results compare to benchmark forecasts.
Results compared to the combined PollyVote forecast
The latest PollyVote predicts Clinton to gain 56.3% of the two-party vote in New Mexico. The results of the Jerome model for Clinton are thus 4.1 percentage points below the combined PollyVote in New Mexico.