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New Mexico vs Texas on USAspending: $3.9B vs $72.7B

Texas’s stacked USAspending.gov obligation stock is $72.7B; New Mexico’s is $3.9B. Intensity runs the other way. New Mexico’s spending per capita is $945.82 on 2,130,256 residents; Texas’s is $686.1 on 31,290,831. Award volume is thin in New Mexico, 19,233 against 530,634. FY2026 is recency-heavy on the smaller stock: $2.0B in New Mexico versus $21.5B in Texas. The figures are obligations, not outlays.

Key figures

  • Texas $72.7B vs New Mexico $3.9B in stacked USAspending obligations.
  • Per capita $945.82 vs $686.1 on 2,130,256 vs 31,290,831 residents.
  • Awards 19,233 vs 530,634; FY2026 $2.0B vs $21.5B.
  • Top industries: commercial building construction in New Mexico; pharmaceutical preparation manufacturing in Texas.
  • Figures are USAspending.gov obligations, not Treasury outlays.

Neighbors with inverted intensity: $945.82 versus $686.1

Texas’s $72.7B stacked stock sits well above New Mexico’s $3.9B. Census population leans Texas: 31,290,831 versus 2,130,256. Intensity inverts. $945.82 per capita in New Mexico is hotter than Texas’s $686.1. Cite those packet ratios beside the Census counts; they are not a second copy of $72.7B and $3.9B.

Award volume is thin on the New Mexico side. 19,233 awards versus 530,634 is a much thinner action log on the smaller dollar file. Row count is not average award size. Cite USAspending.gov. Do not invent a mean from 19,233 or 530,634.

Commercial building construction versus pharmaceutical preparation

New Mexico’s lead NAICS is commercial and institutional building construction. Texas’s is pharmaceutical preparation manufacturing. A construction peak is a first read on New Mexico’s $3.9B mix. A drug-manufacturing peak is a first read on Texas’s $72.7B mix. Buildings and pharmaceuticals are not the same label.

The 19,233 New Mexico awards and 530,634 Texas awards include many actions outside those two industries. Use the New Mexico and Texas state hubs for agencies and recipients. Both peaks are USAspending.gov obligation mixes. Outlays are not in the packet.

FY2026: New Mexico’s $2.0B versus Texas’s $21.5B

Fiscal year 2026 obligations are $2.0B in New Mexico and $21.5B in Texas. Recency preserves Texas’s stacked dollar lead, but New Mexico’s $2.0B latest-year slice is large relative to its $3.9B stacked stock. Treat the year as a recency slice of obligations, not as Treasury cash already paid.

Do not divide $2.0B or $21.5B by 19,233 or 530,634 all-years awards. Spending per capita of $945.82 and $686.1 already sits beside Census counts of 2,130,256 and 31,290,831. Cite USAspending.gov for both cuts.

What $945.82 looks like on 2,130,256 residents

New Mexico’s $3.9B on 2,130,256 people produces $945.82 per capita, hotter than Texas’s $686.1 on 31,290,831. The construction peak sits on that hotter ratio and on only 19,233 awards. The $2.0B FY2026 slice is the recency cut on the smaller stacked stock.

Texas’s pharmaceutical peak, 530,634 awards, and $21.5B latest-year amount remain the larger dollar file. Read two neighboring states as a stacked-versus-intensity contrast. Keep every dollar figure labeled as a USAspending.gov obligation.

How to read New Mexico versus Texas

Read Texas first on stacked dollars ($72.7B vs $3.9B), population (31,290,831 vs 2,130,256), awards (530,634 vs 19,233), and FY2026 ($21.5B vs $2.0B). Read New Mexico first on spending per capita ($945.82 vs $686.1). Note commercial and institutional building construction versus pharmaceutical preparation manufacturing.

The comparison hub holds the tables. The New Mexico and Texas hubs hold agencies and recipients. Outlays are a different series. Cite USAspending.gov. Keep $945.82 and $686.1 labeled as Census-based obligation ratios.

A hotter $945.82 neighbor ratio on 19,233 awards

New Mexico’s $3.9B stacked stock sits far below Texas’s $72.7B. Intensity inverts. $945.82 per capita on 2,130,256 residents is hotter than Texas’s $686.1 on 31,290,831. Award volume is thin, 19,233 against 530,634. FY2026 of $2.0B is large relative to New Mexico’s $3.9B stacked stock, against Texas’s $21.5B. Commercial and institutional building construction versus pharmaceutical preparation manufacturing is the mix contrast on neighboring states.

Cite USAspending.gov. A hotter small-state ratio is not a larger stacked stock. Outlays are not in the packet. The comparison hub holds the tables. The New Mexico and Texas hubs hold agencies and recipients. Do not invent a mean from 19,233 or 530,634. Keep $945.82 and $686.1 labeled as Census-based obligation ratios.

Questions

Does New Mexico or Texas have more federal spending?
Texas leads stacked USAspending.gov obligations $72.7B to New Mexico’s $3.9B, awards 530,634 to 19,233, and FY2026 obligations $21.5B to $2.0B. New Mexico leads spending per capita $945.82 to $686.1. Population is 2,130,256 in New Mexico and 31,290,831 in Texas.
What industries lead in New Mexico and Texas?
New Mexico’s top industry is commercial and institutional building construction. Texas’s is pharmaceutical preparation manufacturing. Those labels are the largest NAICS slices on $3.9B and $72.7B. Award counts are 19,233 in New Mexico and 530,634 in Texas.
Why is New Mexico’s per-capita figure higher if Texas has more dollars?
The packet reports $945.82 per capita in New Mexico on 2,130,256 residents and $686.1 in Texas on 31,290,831. Stacked stocks are $3.9B versus $72.7B. These figures are USAspending.gov obligations divided by Census population where present. The smaller stock sits with the hotter ratio.
Are New Mexico vs Texas figures Treasury outlays?
No. The $3.9B and $72.7B totals, and FY2026 amounts of $2.0B and $21.5B, are USAspending.gov obligations. Outlays are cash payments and can lag. Spending per capita ($945.82 vs $686.1) uses Census population where present. This packet does not publish outlays or average award size.

State comparison from SpendingVault aggregates of USAspending obligations. Per-capita uses Census population where present.