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

Insert Question Legislature form in Legis only stories




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

ABQjournal can get you answers in all pages

 

Questions about the Legislature?
Albuquerque Journal can get you answers
Email addresses are used solely for verification and to speed the verification process for repeat questioners.
1
Isotopes manager Lopez can toast to a career milestone
ABQnews Seeker
Veteran manager gets 1,000th career victory ... Veteran manager gets 1,000th career victory with the Isotopes on Sunday, days after getting loss 1,000 as well.
2
Photos: Isotopes take on Sugar Land during Mariachis Night ...
ABQnews Seeker
3
Track and field: Lobos send a dozen to NCAA ...
ABQnews Seeker
Twelve athletes from the New Mexico ... Twelve athletes from the New Mexico track and field team have made, in total, 15 qualifying marks for the NCAA Outdoor Track and Field ...
4
UNM women's basketball adds Gonzaga to this season's schedule
ABQnews Seeker
UNM will take on powerhouse Gonzaga ... UNM will take on powerhouse Gonzaga in a pre-conference matchup this season in Spokane, Washington. It will be the opener of a home-and-home series ...
5
Pro golf's feud is over; Notah Begay III weighs ...
ABQnews Seeker
Begay, 50, checked his email to ... Begay, 50, checked his email to make sure it was real — "I actually thought, 'is it April Fools Day?'" — and sure enough, ...
6
Florida official says migrants flown to California went willingly, ...
ABQnews Seeker
Asylum-seekers, mostly from Colombia and Venezuela, ... Asylum-seekers, mostly from Colombia and Venezuela, had been picked up in El Paso, Texas, taken to New Mexico and then put on charter flights ...
7
Michael J. Sheehan legacy: Archbishop took over in Santa ...
ABQnews Seeker
Archbishop Emeritus Michael J. Sheehan, who ... Archbishop Emeritus Michael J. Sheehan, who died earlier this week, took reins of Archdiocese of Santa Fe at crisis point and led for the ...
8
Nine in New Mexico and Texas accused of operating ...
ABQnews Seeker
Members of the ring allegedly picked ... Members of the ring allegedly picked up undocumented immigrants in Doña Ana County and El Paso County, Texas, and drove them north, often to ...
9
US House panel investigates ties between US Interior secretary, ...
ABQnews Seeker
Republican members of the U.S. House ... Republican members of the U.S. House Committee on Natural Resources are raising concerns about ties between Interior Secretary Deb Haaland and an Indigenous group ...