NM ranks No. 1 in depending on federal government - Albuquerque Journal

NM ranks No. 1 in depending on federal government

New Mexico ranks no. 1 in at least one area, according to a new survey: as the state most dependent on the federal government.

In a report released Tuesday, the financial website WalletHub reported New Mexico received the most federal contract dollars and the second highest amount of grants compared to federal taxes paid.

The ranking is not particularly surprising, given that the state is home to two national laboratories, three Air Force bases and large swaths of public land.

The WalletHub study looked at such metrics as return on taxes paid to the federal government, states’ share of federal jobs and federal funding as a share of state revenue.

Ranking just behind New Mexico were Mississippi, Kentucky, West Virginia and Alabama. The least federally dependent state, according to WalletHub, was Kansas.

Home » Business » Most Recent Biz News » NM ranks No. 1 in depending on federal government


Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

taboola desktop

1
Balloons greet visitors from near and far on fiesta's ...
ABQnews Seeker
Clouds couldn't damper balloon launch, excitement ... Clouds couldn't damper balloon launch, excitement
2
Court upholds dismissal of criminal charges under ethics law
ABQnews Seeker
AG calls on lawmakers to tighten ... AG calls on lawmakers to tighten state's anti-corruption statute
3
NM startup on cusp of DNA sequencing breakthrough
ABQnews Seeker
Technology to rapidly read long strands ... Technology to rapidly read long strands of DNA with molecular-level precision
4
Cannon airman found dead in home
ABQnews Seeker
Details surrounding the death are under ... Details surrounding the death are under investigation
5
Dean Hansel Burley receives vote of no confidence
ABQnews Seeker
Provost will consider faculty's position Provost will consider faculty's position
6
Montgomery speed cam MIA; balloonists block neighborhood
ABQnews Seeker
City temporarily removed Montgomery camera after ... City temporarily removed Montgomery camera after vandalism
7
College players sweep pro tennis tourney at UNM
ABQnews Seeker
One day after two UNM Lobos ... One day after two UNM Lobos won the doubles title of Albuquerque's ITF 15K pro tennis tournament, a Texas Tech player won the singles ...
8
American Airlines plane evacuated at Albuquerque Sunport
ABQnews Seeker
FBI officials in Albuquerque did not ... FBI officials in Albuquerque did not disclose nature of security threat
9
APD investigates 'suspicious death' on West Side
ABQnews Seeker
Person found dead outside Discount Tire Person found dead outside Discount Tire