Indiana vs Nevada on USAspending: $3.83B vs $2.86B

A doubled Census count cools Indiana’s $3.83B

Indiana’s $3.83B stacked total is about 1.34 times Nevada’s $2.86B. Indiana’s Census count of 6,924,275 is about 2.12 times Nevada’s 3,267,467. Intensity therefore runs against the stock: $80.53 per capita in Indiana and $171.84 in Nevada. Spreading $3.83B across more than twice the people cools the ratio. Concentrating $2.86B on 3,267,467 people heats it. Those ratios are packet figures of USAspending.gov obligations beside Census population, not outlays per resident.

Award counts follow the dollar ranking, but not by much: 58,316 in Indiana and 45,442 in Nevada. This pair is not a row-volume blowout. It is a population-and-intensity story with a recency near-tie on top.

Keep $3.83B and $2.86B labeled as obligations. A Midwest-to-Mountain comparison that swapped in outlays would be a different table.

Commercial construction versus automobile manufacturing

Indiana’s lead NAICS is commercial and institutional building construction. Nevada’s lead NAICS is automobile manufacturing. Construction is Indiana’s peak on $3.83B and 58,316 awards. Auto manufacturing is Nevada’s peak on $2.86B and 45,442 awards. Two different industrial peaks sit on files that are not far apart on row count.

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

FY2026 is a photo finish: $557.6M versus $561.5M

Fiscal year 2026 obligations are $557.6M in Indiana and $561.5M in Nevada. Recency is essentially even, with Nevada ahead by about $3.9 million. The stacked ranking still favors Indiana $3.83B to $2.86B. A searcher who only reads the all-years column will miss that the latest year does not separate these states.

Read FY2026 as an obligation year slice, not as Treasury cash. Do not divide $557.6M or $561.5M by 58,316 or 45,442 all-years awards. Spending per capita of $80.53 and $171.84 already uses Census counts of 6,924,275 and 3,267,467.

Twice the people, half the intensity

Indiana’s 6,924,275 residents versus Nevada’s 3,267,467 is the column that explains the per-capita flip. $3.83B versus $2.86B is not a large enough stock advantage to offset a doubled Census count, so $80.53 trails $171.84. Award counts of 58,316 versus 45,442 do not undo that math.

Readers ranking by population or stacked dollars will put Indiana first. Readers ranking by dollars per resident will put Nevada first. Readers ranking by FY2026 will call it even. The packet reports all three.

The FY2026 near-tie of $557.6M versus $561.5M is easy to miss if the stacked $3.83B versus $2.86B is the only column on screen. Indiana’s 6,924,275 residents versus Nevada’s 3,267,467 then explain $80.53 versus $171.84 per capita: nearly the same latest-year dollars on twice the people. Award counts of 58,316 versus 45,442 stay in the same neighborhood. Commercial and institutional building construction versus automobile manufacturing is the industrial contrast. Rank by stacked stock and Indiana leads. Rank by intensity and Nevada leads. Rank by recency and call it even. Obligations, not outlays.

How to read Indiana versus Nevada

Read Indiana first on stacked stock ($3.83B vs $2.86B), awards (58,316 vs 45,442), and population (6,924,275 vs 3,267,467). Read Nevada first on spending per capita ($171.84 vs $80.53) and, by a hair, FY2026 ($561.5M vs $557.6M). Note commercial construction versus automobile manufacturing. All cuts are obligations.

The comparison hub holds the tables. The Indiana and Nevada hubs hold state detail. Outlays stay off this page.

A latest-year near-tie on a doubled Census count

Fiscal year 2026 obligations of $557.6M in Indiana and $561.5M in Nevada are the distinctive fact in this pair. The stacked stocks still separate, $3.83B versus $2.86B. The Census counts separate more, 6,924,275 versus 3,267,467. Spending per capita of $80.53 versus $171.84 follows from placing the published ratios beside those populations. A near-tie in the latest year on twice the people is why Indiana’s intensity trails even while its stacked stock leads.

Commercial and institutional building construction in Indiana and automobile manufacturing in Nevada are the peaks on 58,316 and 45,442 awards. Those labels are obligation-mix peaks, not outlay peaks and not employment counts. The Indiana and Nevada state hubs list agencies and recipients. The comparison hub holds the side-by-side tables.

Questions

Does Indiana or Nevada have more federal spending?

Indiana leads stacked USAspending.gov obligations $3.83B to Nevada’s $2.86B. Nevada leads spending per capita, $171.84 versus $80.53, on 3,267,467 residents against Indiana’s 6,924,275. Indiana has more awards (58,316 vs 45,442). FY2026 obligations are $557.6M in Indiana and $561.5M in Nevada.

Which state leads in fiscal year 2026?

Fiscal year 2026 obligations are $561.5M in Nevada and $557.6M in Indiana, a near-tie with Nevada ahead. The stacked stock still favors Indiana, $3.83B to $2.86B. Both amounts are USAspending.gov obligations, not outlays. Cite only the packet ratios; do not treat them as cash per resident or as a forecast.

What industries lead in Indiana and Nevada?

Indiana’s top industry is commercial and institutional building construction. Nevada’s is automobile manufacturing. Those labels sit on $3.83B and $2.86B. Award counts are 58,316 in Indiana and 45,442 in Nevada. Both mixes are USAspending.gov obligations. Those NAICS labels are the largest slices on the stacked stocks, not complete industrial profiles.

Are Indiana vs Nevada figures Treasury outlays?

No. The $3.83B and $2.86B totals, and FY2026 amounts of $557.6M and $561.5M, are USAspending.gov obligations. Outlays are cash payments and can lag. Spending per capita ($80.53 vs $171.84) uses Census population where present. Spending per capita uses Census population where present and should not be read as cash per resident.