This preliminary analysis examines federal grant market data from two snapshots: October 5, 2024, and July 5, 2025. The data shows substantial changes during the first six months of the Trump administration's second term. Total available funding decreased from $93.1 billion to $47.7 billion (48.8% reduction) and active grants declined from 2,248 to 1,612 (28.3% reduction).

Methodology and Limitations

This analysis compares two single-day snapshots of federal grant postings. Key limitations include:

• Point-in-time data may not reflect full grant cycles

• No trend data exists between these dates

• Classification changes may affect comparability

Findings

Overall Market Indicators

The snapshots show:

• Active Grants: Decreased by 636 (28.3%)

• Available Funding: Reduced by $45.4 billion (48.8%)

• Weekly Activity: New grants added per week increased from 69 to 73, while weekly funding decreased from $6.5B to $1.1B

• Average Grant Size: Increased from $41.4 million to $29.6 million

Agency-Level Changes

Agencies at Zero in July Snapshot

• USAID: From 47 grants ($1.56B) to zero

• AmeriCorps: From 20 grants to zero

• NASA, Library of Congress, Millennium Challenge Corporation: All at zero

Major Agency Shifts

• Environmental Protection Agency: 36 grants to 1 grant; $4.45B to $40M

• Department of Defense: 104 to 136 grants

• Department of State: 25 to 65 grants

• Department of Health and Human Services: Stable grant count, major funding decrease

Sectoral Changes

Increases:

• Education: $3.0B to $8.7B

• Business and Commerce: $737.1M to $9.6B

• Science and Technology: $23.0B to $25.4B

Decreases:

• Environment: $17.6B to $5.8B

• International Development: $1.7B to $809.4M

• Agriculture: $846.2M to $565.5M

Eligible Entity Shifts

• State governments gained substantially in grants and funding

• Small businesses saw major increases in eligibility

• Native American tribal organizations experienced decreases

Preliminary Interpretations

The data suggests:

1. Program Consolidation: Fewer grants with larger average awards

2. State-Level Shift: Increased state government funding indicates more state-administered programs

3. Sectoral Realignment: Clear movement between federal priorities

Conclusion

These snapshots indicate substantial changes in the federal grant landscape between October 2024 and July 2025. While the data reveals significant shifts in funding priorities and program administration, additional analysis will determine whether these changes represent temporary transitions or permanent policy shifts.