From Study V · Part Three, Exhibit 4

Awards per resident rose 76% from FY2014 to FY2025, Medicare set aside; Alaska’s rose 140% and Utah’s 74%

Source. USAspending.gov state profiles (prime award obligations by place of performance) and spending by geography (Medicare listings 93.773, 93.774, 93.770, by recipient location); Census Bureau population, July 1, via FRED. Fiscal years 2014–2025.

Method and data

Method. Per resident, in nominal dollars, FY2014 to FY2025: the 50 states and DC together ($2,127,048 million ÷ 318,386.3 thousand residents = $6,681 in FY2014; $4,026,681 million ÷ 341,784.9 thousand = $11,781 in FY2025), with the highest state (Alaska) and the lowest (Utah) in FY2025, Medicare set aside. The District of Columbia, at $70,232 in FY2025, is off this scale; every state’s series is in Exhibit 5 and its CSV. Fiscal year FY matches calendar year FY’s population (Census Bureau, July 1; Vintage 2025 for 2020 onward, earlier vintages for 2014–2019, via FRED). All series are in the dollars of their year. The CPI-U rose about 36 percent between FY2014 and FY2025 (BLS, fiscal-year averages of the monthly index, 236.008 and 319.997), so the national per-resident rise of 76% is roughly 30% in real terms (1.7635 ÷ 1.3559 − 1). The contract, direct-payment, grant and as-recorded figures for the 50 states and DC are in the table.

Fiscal year50 states and DCAlaskaUtah50 states and DC, contracts50 states and DC, direct payments, Medicare set aside50 states and DC, grants50 states and DC, all awards as recorded
20146,68110,4284,5371,2733,3721,8218,482
20157,01911,1684,5751,2453,6451,9018,927
20167,41011,1614,6951,3433,7882,0319,479
20177,64112,2094,8231,4353,8212,1469,738
20187,92213,3284,9661,5523,8912,22210,019
20198,21314,0965,2581,6534,1132,24410,512
202011,61922,7567,9851,8795,0842,78614,297
202112,86225,4188,6641,8096,0663,92315,310
202210,56120,2447,3101,9165,0533,29013,212
202310,92022,0107,5432,0775,4543,25713,845
202411,04722,6138,4202,0465,5463,41714,052
202511,78125,0277,8752,1646,0213,54215,158

Download 05c-awards-per-resident-fifty-states-and-dc-fy2014-fy2025.csv

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Higgins Strategy. “Awards per resident rose 76% from FY2014 to FY2025, Medicare set aside; Alaska’s rose 140% and Utah’s 74%” Exhibit 4, Federal Dollars by State, Over Time (Study V · Part Three). October 12, 2026. https://higginsstrategy.com/charts/05c-awards-per-resident-fifty-states-and-dc-fy2014-fy2025/