Indiana vs Minnesota on USAspending: $3.83B vs $2.74B

Indiana leads the stock; Minnesota leads the rows

Indiana’s $3.83B is about 1.40 times Minnesota’s $2.74B. Population is closer: 6,924,275 versus 5,793,151. Dollars outrun people on this pair, which is why Indiana’s $80.53 per capita sits above Minnesota’s $66.07. Both readings use Census counts where present.

Award counts favor Minnesota, 98,897 versus 58,316. Minnesota’s file is busier in rows on a smaller stock. Indiana’s 58,316 actions on $3.83B are fewer and sit beside the $80.53 reading on 6,924,275 residents.

FY2026 widens Indiana’s dollar lead on recency: $557.6M versus $382.8M. That latest-year cut is a slice of the obligation series. Cite USAspending.gov for both the stacked totals and the FY2026 amounts.

Construction in Indiana, pharmacy administration in Minnesota

Indiana’s lead NAICS is commercial and institutional building construction. Minnesota’s lead NAICS is pharmacy benefit management and other third party administration of insurance and pension funds. Those peaks sit on $3.83B and $2.74B. A construction lead is a first filter on the Indiana mix; a pharmacy-administration lead is a first filter on the Minnesota mix.

The 58,316 Indiana awards and 98,897 Minnesota awards include many actions outside those labels. Use the Indiana and Minnesota state hubs for agencies and recipients. Both peaks are USAspending.gov obligation mixes.

FY2026 recency: $557.6M versus $382.8M

Fiscal year 2026 obligations are $557.6M in Indiana and $382.8M in Minnesota. Recency preserves Indiana’s stacked dollar lead and opens a wider gap than the all-years stocks. Treat the year as a recency slice of obligations, not as Treasury cash.

Do not divide $557.6M or $382.8M by 58,316 or 98,897 all-years awards. Spending per capita of $80.53 and $66.07 already sits beside Census counts of 6,924,275 and 5,793,151 in the packet.

Two Midwest files, two different award densities

Indiana’s 6,924,275 residents and Minnesota’s 5,793,151 are in the same Census band. Indiana still leads on $3.83B versus $2.74B and on $80.53 versus $66.07 per capita. Award volume of 98,897 versus 58,316 is Minnesota’s win on rows.

Keep those per-capita figures labeled as Census-based packet figures on USAspending.gov obligations. They are not outlays per resident. The comparison hub holds the side-by-side tables.

What obligation means on this Indiana–Minnesota pair

Indiana’s $3.83B and Minnesota’s $2.74B are USAspending.gov obligations. An obligation is a legal commitment, not a check. Outlays are the cash series and are not in this packet. FY2026 of $557.6M versus $382.8M is a recency slice of the same obligation series.

Indiana’s $80.53 per capita on 6,924,275 residents and Minnesota’s $66.07 on 5,793,151 sit beside those stocks. They are Census-based packet figures on obligations. Award counts of 58,316 and 98,897 count actions, not cash paid.

Commercial and institutional building construction in Indiana and pharmacy benefit management and other third party administration of insurance and pension funds in Minnesota are peak industry labels. They describe mix, not payment timing.

Minnesota’s 98,897 awards exceed Indiana’s 58,316 even though Indiana leads $3.83B to $2.74B. Row density and dollar stock are different questions. Indiana’s 6,924,275 residents also exceed Minnesota’s 5,793,151, so this is not a small-state versus large-state story on Census either.

FY2026 of $557.6M versus $382.8M widens Indiana’s dollar lead on recency. That does not erase Minnesota’s award-file lead. Keep both cuts labeled as obligations. Outlays would be a different download from USAspending.gov.

How to read Indiana versus Minnesota

Read Indiana first on stacked dollars ($3.83B vs $2.74B), population (6,924,275 vs 5,793,151), spending per capita ($80.53 vs $66.07), and FY2026 ($557.6M vs $382.8M). Read Minnesota first on awards (98,897 vs 58,316). Note construction versus pharmacy benefit management.

The comparison hub holds the tables. The Indiana and Minnesota hubs hold agencies and recipients. Outlays are a different series.

Questions

Does Indiana or Minnesota have more federal spending?

Indiana leads stacked USAspending.gov obligations $3.83B to Minnesota’s $2.74B. Indiana also leads spending per capita, $80.53 versus $66.07, on 6,924,275 residents against Minnesota’s 5,793,151. Minnesota has more awards (98,897 vs 58,316). FY2026 obligations are $557.6M in Indiana and $382.8M in Minnesota.

Why does Minnesota have more awards than Indiana?

The packet reports 98,897 awards in Minnesota and 58,316 in Indiana. Minnesota’s stacked stock is smaller ($2.74B vs $3.83B). Spending per capita is $66.07 versus $80.53. These figures are USAspending.gov obligations, not outlays. Award count is a row total, not an average size.

What industries lead in Indiana and Minnesota?

Indiana’s top industry is commercial and institutional building construction. Minnesota’s is pharmacy benefit management and other third party administration of insurance and pension funds. Those labels are the largest NAICS slices on $3.83B and $2.74B. Award counts are 58,316 in Indiana and 98,897 in Minnesota.

Are Indiana vs Minnesota figures Treasury outlays?

No. The $3.83B and $2.74B totals, and FY2026 amounts of $557.6M and $382.8M, are USAspending.gov obligations. Outlays are cash payments and can lag. Spending per capita ($80.53 vs $66.07) uses Census population where present.