New Mexico vs Tennessee on USAspending: $3.93B vs $3.58B

Tennessee’s extra millions of people, New Mexico’s extra intensity

New Mexico’s $3.93B is about 1.10 times Tennessee’s $3.58B. Population runs the other way by about 3.39 times: 7,227,750 versus 2,130,256. People outrun dollars by a wide margin, which is the setup for New Mexico’s $945.82 per capita against Tennessee’s $97.50. Cite those ratios as packet figures beside the Census counts.

Award counts follow Tennessee’s headcount more than New Mexico’s dollars. 63,616 versus 19,233 is about 3.3 times as many rows on a smaller stock. Tennessee’s file is busier. New Mexico’s 19,233 actions on $3.93B are fewer and still sit beside the outlier intensity figure.

FY2026 then widens New Mexico’s dollar lead. $2.01B versus $704.7M is a larger multiple than the stacked 1.10 times. Recency and intensity point the same way.

Construction in New Mexico, couriers in Tennessee

New Mexico’s lead NAICS is commercial and institutional building construction. Tennessee’s lead NAICS is couriers and express delivery services. Those peaks sit on $3.93B and $3.58B. A construction lead is a first filter on the New Mexico mix; a courier lead is a first filter on the Tennessee mix and a clue to the higher row count.

The 19,233 New Mexico awards and 63,616 Tennessee awards include many actions outside those labels. Use the New Mexico and Tennessee state hubs for agencies and recipients. Both peaks are USAspending.gov obligation mixes.

FY2026: New Mexico’s $2.01B versus Tennessee’s $704.7M

Fiscal year 2026 obligations are $2.01B in New Mexico and $704.7M in Tennessee. Recency preserves and widens New Mexico’s stacked dollar lead. Treat the year as a recency slice of obligations, not as Treasury cash. A $2.01B latest-year booking on 2,130,256 residents is the neighborhood of the $945.82 per-capita figure.

Do not divide $2.01B or $704.7M by 19,233 or 63,616 all-years awards. Spending per capita of $945.82 and $97.50 already sits beside those Census counts in the packet.

7.2 million residents and a $97.50 reading

Tennessee’s 7,227,750 residents dwarf New Mexico’s 2,130,256, and Tennessee still trails on $3.58B versus $3.93B. The per-person ranking follows New Mexico. Headcount is not intensity. Award volume of 63,616 versus 19,233 is Tennessee’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.

How to read New Mexico versus Tennessee

Read New Mexico first on stacked dollars ($3.93B vs $3.58B), intensity ($945.82 vs $97.50), and FY2026 ($2.01B vs $704.7M). Read Tennessee first on awards (63,616 vs 19,233) and population (7,227,750 vs 2,130,256). Note construction versus couriers. All cuts are obligations.

The comparison hub holds the tables. The New Mexico and Tennessee hubs hold agencies and recipients. Outlays are a different series.

Three times the people, not three times the obligations

New Mexico’s $3.93B and Tennessee’s $3.58B are USAspending.gov obligations. Census counts of 2,130,256 and 7,227,750 are the ranking Tennessee wins. Spending per capita of $945.82 and $97.50 is the ranking New Mexico wins. Commercial and institutional building construction versus couriers and express delivery services is the industry split. FY2026’s $2.01B versus $704.7M stays with New Mexico on recency.

Award counts of 19,233 and 63,616 go to Tennessee on rows. Use the New Mexico and Tennessee hubs for agencies and recipients. Outlays are a different series. The comparison hub is the paired obligation view, not a cash scoreboard.

Tennessee’s 63,616 awards and 7,227,750 residents look larger. New Mexico’s $3.93B versus $3.58B, $945.82 versus $97.50 per capita, and $2.01B versus $704.7M in FY2026 say otherwise on stock, intensity, and recency. Construction versus couriers is mix. Treat the ratios as packet figures beside 2,130,256 and 7,227,750 residents.

Questions

Does New Mexico or Tennessee have more federal spending?

New Mexico leads stacked USAspending.gov obligations $3.93B to Tennessee’s $3.58B. New Mexico also leads spending per capita, $945.82 versus $97.50, on 2,130,256 residents against Tennessee’s 7,227,750. Tennessee has more awards (63,616 vs 19,233). FY2026 obligations are $2.01B in New Mexico and $704.7M in Tennessee.

Why is New Mexico’s per-capita figure so much higher than Tennessee’s?

The packet reports $945.82 per capita in New Mexico on 2,130,256 residents and $97.50 in Tennessee on 7,227,750. Stacked stocks are $3.93B versus $3.58B. FY2026 obligations are $2.01B versus $704.7M. Award counts are 19,233 versus 63,616. These figures are USAspending.gov obligations, not outlays.

What industries lead in New Mexico and Tennessee?

New Mexico’s top industry is commercial and institutional building construction. Tennessee’s is couriers and express delivery services. Those labels are the largest NAICS slices on $3.93B and $3.58B. Award counts are 19,233 in New Mexico and 63,616 in Tennessee.

Are New Mexico vs Tennessee figures Treasury outlays?

No. The $3.93B and $3.58B totals, and FY2026 amounts of $2.01B and $704.7M, are USAspending.gov obligations. Outlays are cash payments and can lag. Spending per capita ($945.82 vs $97.50) uses Census population where present.