Minnesota vs New Mexico

Minnesota’s larger Census count against New Mexico’s concentrated stock

New Mexico’s $3.93B stacked total is about 1.44 times Minnesota’s $2.74B. Minnesota’s Census count of 5,793,151 is about 2.72 times New Mexico’s 2,130,256. Intensity therefore moves with dollars and against people: $945.82 per capita in New Mexico and $66.07 in Minnesota. That is a wide published gap. The ratios are packet figures of USAspending.gov obligations beside Census population, not outlays per resident.

Minnesota still files more awards, 98,897 against 19,233, about 5.1 times. A thicker Upper Midwest file does not overtake New Mexico on stacked dollars or on the per-capita ratio. Rows and dollars remain separate columns. Minnesota’s $2.74B is a real stock; it is smaller, and it is spread across more than twice the people.

FY2026 then makes the concentration visible in a single year: $2.01B in New Mexico versus $382.8M in Minnesota.

Pharmacy benefit administration versus commercial construction

Minnesota’s lead NAICS is pharmacy benefit management and other third party administration of insurance and pension funds. New Mexico’s lead NAICS is commercial and institutional building construction. PBM and third-party administration is Minnesota’s peak on $2.74B and 98,897 awards. Construction is New Mexico’s peak on $3.93B and 19,233 awards. An insurance-administration peak versus a construction peak is a different industrial pairing than most of this batch.

Those labels are the largest NAICS slices, not complete profiles. The Minnesota and New Mexico state hubs list agencies and recipients. Both peaks are USAspending.gov obligation mixes.

Questions

Does Minnesota or New Mexico have more federal spending?

New Mexico leads stacked USAspending.gov obligations $3.93B to Minnesota’s $2.74B. New Mexico also leads spending per capita, $945.82 versus $66.07, on 2,130,256 residents against Minnesota’s 5,793,151. Minnesota has more awards (98,897 vs 19,233). FY2026 obligations are $382.8M in Minnesota and $2.01B in New Mexico.

Why is New Mexico so far ahead per capita?

New Mexico’s $3.93B sits on 2,130,256 residents; Minnesota’s $2.74B sits on 5,793,151. Packet ratios are $945.82 versus $66.07. FY2026 obligations are $2.01B versus $382.8M. The figures are USAspending.gov obligations beside Census population, not outlays per resident. Cite only the packet ratios; do not treat them as cash per resident or as a forecast.

What industries lead in Minnesota and New Mexico?

Minnesota’s top industry is pharmacy benefit management and other third party administration of insurance and pension funds. New Mexico’s is commercial and institutional building construction. Those labels sit on $2.74B and $3.93B. Award counts are 98,897 in Minnesota and 19,233 in New Mexico.

Are Minnesota vs New Mexico figures Treasury outlays?

No. The $2.74B and $3.93B totals, and FY2026 amounts of $382.8M and $2.01B, are USAspending.gov obligations. Outlays are cash payments and can lag. Spending per capita ($66.07 vs $945.82) uses Census population where present. Spending per capita uses Census population where present and should not be read as cash per resident.