page_title: New Mexico
section_title: Federal government
hierarchical_section_title: New Mexico / Economy / Federal government
caption_attribution_description: An F-22 Raptor flown by Col. Jeff Harrigian arrives June 2 at Holloman Air Force Base, N.M., June 2. Holloman AFB is one of four bases the F-22s will be assigned at. Prior to landing, the jets flew over the Tularosa Basin, giving community members a chance to see the new aircraft.
context_page_description: New Mexico is a state in the Southwestern region of the United States of America; its capital is Santa Fe, which was founded in 1610 as capital of Nuevo México, while its largest city is Albuquerque with its accompanying metropolitan area. It is one of the Mountain States and shares the Four Corners region with Utah, Colorado, and Arizona. New Mexico is also bordered by the state of Texas to the east-southeast, Oklahoma to the northeast, and the Mexican states of Chihuahua to the south and Sonora to the southwest. With an estimated population of 2,096,829 as of the July 1, 2019, U.S. Census Bureau estimate, New Mexico is the 36th largest state by population. With a total area of 121,590 sq mi, it is the fifth-largest and sixth-least densely populated of the 50 states. Due to their geographic locations, northern and eastern New Mexico exhibit a colder, alpine climate, while western and southern New Mexico exhibit a warmer, arid climate.
  The economy of New Mexico is dependent on oil drilling, mineral extraction, dryland farming, cattle ranching, lumber milling, and retail trade. As of 2018, its total gross domestic product was $101 billion with a GDP per capita of $45,465.
context_section_description: Federal government spending is a major driver of the New Mexico economy. In 2005, the federal government spent $2.03 on New Mexico for every dollar of tax revenue collected from the state. This rate of return is higher than any other state in the Union.
  Many of the federal jobs relate to the military; the state hosts three air force bases (Kirtland Air Force Base, Holloman Air Force Base, and Cannon Air Force Base); a testing range (White Sands Missile Range); and an army proving ground (Fort Bliss's McGregor Range). A May 2005 estimate by New Mexico State University is that 11.65% of the state's total employment arises directly or indirectly from military spending.
  Other federal installations include the technology labs of Los Alamos National Laboratory and Sandia National Laboratories.
caption: An F-22 Raptor flown by the 49th Fighter Wing at Holloman AFB
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