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Massachusetts: Spending vs Population

Federal spending grew -56.1% while population grew 3.6%.

Spending Growth

-56.1%

Population Growth

3.6%

Status

Balanced

Population growing at pace with spending

Year-over-Year Growth Rates

Spending YoY %
Population YoY %
0.0% / 0.1%
19
0.0% / 1.4%
20
0.0% / 0.1%
21
0.0% / 0.3%
22
0.0% / 0.6%
23
0.0% / 1.0%
24
-16.3% / 0.0%
25
-47.6% / 0.0%
26
Year-by-year federal spending, population, per-capita spending, and year-over-year growth rates for Massachusetts.
YearSpendingPopulationPer CapitaSpend YoYPop YoY
2018$06.9M
2019$06.9M0.1%
2020$07.0M1.4%
2021$07.0M0.1%
2022$07.0M0.3%
2023$07.1M0.6%
2024$5.94B7.1M$831.741.0%
2025$4.97B7.1M$695.87-16.3%0.0%
2026$2.60B7.1M$364.7-47.6%0.0%