Nevada vs New Mexico
Federal spending comparison
New Mexico accounts for $3.93B in USAspending.gov obligations; Nevada accounts for $2.86B. Spending per capita is $945.82 in New Mexico on 2,130,256 residents and $171.84 in Nevada on 3,267,467. Award counts favor Nevada, 45,442 to 19,233. Fiscal year 2026 dollars favor New Mexico, $2.01B versus $561.5M. Nevada’s top industry is automobile manufacturing; New Mexico’s is commercial and institutional building construction. These figures are obligations, not outlays.
Key figures
- New Mexico $3.93B vs Nevada $2.86B in stacked USAspending obligations.
- New Mexico per capita $945.82 vs Nevada $171.84 on 2,130,256 vs 3,267,467 residents.
- Awards: 45,442 vs 19,233; FY2026 $561.5M vs $2.01B.
- Top industries: automobile manufacturing in Nevada; commercial construction in New Mexico.
- Figures are USAspending.gov obligations, not Treasury outlays.
Two Mountain West files, one much hotter per resident
New Mexico’s $3.93B stacked total is about 1.38 times Nevada’s $2.86B. Nevada has the larger Census count, 3,267,467 versus 2,130,256, about 1.53 times. Intensity moves with dollars, not with people: $945.82 per capita in New Mexico and $171.84 in Nevada. Cite those ratios as packet figures of USAspending.gov obligations beside the Census counts. They are not outlays per resident.
Nevada still files more awards, 45,442 against 19,233. The extra rows and extra people do not produce the larger stock. New Mexico’s thinner file carries more stacked dollars and a much higher per-capita ratio. That is the pair’s basic inversion.
Keep $2.86B and $3.93B labeled as obligations. A Desert Southwest comparison that swapped in Treasury outlays would be a different table.
Automobile manufacturing versus commercial construction
Nevada’s lead NAICS is automobile manufacturing. New Mexico’s lead NAICS is commercial and institutional building construction. Auto manufacturing as a peak is specific to Nevada in this pair; it does not appear as New Mexico’s top slice. Construction as New Mexico’s peak sits on the larger $3.93B stock and the 19,233-award file.
Neither label is a full industrial census. They are the largest NAICS slices on $2.86B and $3.93B. The Nevada and New Mexico state hubs list agencies and recipients. Both peaks are obligation mixes from USAspending.gov.
Full analysis: Nevada vs New Mexico on USAspending: $2.86B vs $3.93B →
Questions
- Does Nevada or New Mexico have more federal spending?
- New Mexico leads stacked USAspending.gov obligations $3.93B to Nevada’s $2.86B. New Mexico also leads spending per capita, $945.82 versus $171.84, on 2,130,256 residents against Nevada’s 3,267,467. Nevada has more awards (45,442 vs 19,233). FY2026 obligations are $561.5M in Nevada and $2.01B in New Mexico.
- Why is New Mexico ahead of Nevada per capita?
- New Mexico’s $3.93B sits on 2,130,256 residents; Nevada’s $2.86B sits on 3,267,467. The packet ratios are $945.82 versus $171.84. New Mexico also leads the stacked stock, so intensity and dollars point the same way. These are USAspending.gov obligations, not outlays per resident.
- What industries lead in Nevada and New Mexico?
- Nevada’s top industry is automobile manufacturing. New Mexico’s is commercial and institutional building construction. Those labels sit on $2.86B and $3.93B. Award counts are 45,442 in Nevada and 19,233 in New Mexico. Both mixes are USAspending.gov obligations. Those NAICS labels are the largest slices on the stacked stocks, not complete industrial profiles.
- Are Nevada vs New Mexico figures Treasury outlays?
- No. The $2.86B and $3.93B totals, and FY2026 amounts of $561.5M and $2.01B, are USAspending.gov obligations. Outlays are cash payments and can lag. Spending per capita ($171.84 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.
State comparison from SpendingVault aggregates of USAspending obligations. Per-capita uses Census population where present.
| Nevada | Metric | New Mexico |
|---|---|---|
| $16.56B | Total Spending | $19.40B |
| $5K | Per Capita | $9K |
| N/A | % of GDP | N/A |
| 3.3M | Population | 2.1M |
| N/A | Median Income | N/A |
| N/A | Poverty Rate | N/A |
| N/A | Bachelor Degree % | N/A |
| N/A | Median Age | N/A |
| N/A | Unemployment | N/A |
| N/A | GDP (Millions) | N/A |
Top Agencies — Nevada
- Social Security Administration$36.22B
- Department of Health and Human Services$28.44B
- Department of Energy$13.81B
- Department of Defense$9.27B
- Department of Veterans Affairs$7.58B
Top Agencies — New Mexico
- Department of Energy$185.29B
- Department of Health and Human Services$40.14B
- Social Security Administration$27.25B
- Department of Defense$9.29B
- Department of Agriculture$6.62B
Top Industries — Nevada
- FACILITIES SUPPORT SERVICES$12.91B
- ENGINEERING SERVICES$2.22B
- OTHER SUPPORT ACTIVITIES FOR AIR TRANSPORTATION$1.57B
- COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION$1.12B
- AUTOMOBILE MANUFACTURING$1.06B
Top Industries — New Mexico
- FACILITIES SUPPORT SERVICES$148.95B
- RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES$35.52B
- COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION$3.50B
- RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT NANOTECHNOLOGY AND BIOTECHNOLOGY)$1.69B
- ENGINEERING SERVICES$1.21B
Source: USAspending.gov · More Comparisons · Nevada · New Mexico