NM
U.S. State
Federal Spending Associated With New Mexico
Verified Data • Sourced from USAspending.gov API (August 2026)
Reported federal prime contract awards, grants, and direct benefit outlays allocated to perform work or serve beneficiaries in New Mexico.
Key Financial Summary • FY2026
Federal Allocations in New Mexico at a Glance
Verified Data • Sourced from USAspending.gov API (August 2026)
Total Outlays
$7.40 Billion
Total reported federal spending
Share of Budget
0.1%
Relative allocation percentage
Daily Outlay Rate
$20.27 Million
Estimated outlay per day
Hourly Allocation
$845 Thousand
Estimated / hour
Minute Allocation
$14 Thousand
Estimated / min
Per Second Allocation
$235
Estimated / sec
Per Resident Figure
$3,500
Population: 2,114,371
Important Terminology Disclaimer:
This page presents federal spending associated with New Mexico. It does not represent state government budget spending, local taxation, or individual personal tax burden.
Federal Award Type Composition (Donut View)
New Mexico$7.40 Billion
Prime Contracts
$4.07 Billion
55%
Grants & Assistance
$2.59 Billion
35%
Other Federal Awards
$740.03 Million
10%
Top Federal Agencies Spending in New Mexico
Top Prime Recipients Performing Work in New Mexico
Historical Federal Spending Associated With New Mexico (2018 – 2026)
Compare New Mexico With Other States
Source: USAspending.gov APIFiscal Year: FY2026
Data type: Federal Prime Outlays & Assistance Awards • Last verified: August 2026.