Manufacturing Economy Monitor

How Big Is U.S. Manufacturing, Really.

Manufacturing is 9.7% of U.S. GDP, with $3.17T in value added at annual rates. Live BEA data across 19 industries, 50 states and DC.

The current reading

  • Manufacturing is 9.7% of U.S. GDP as of Q2 2026.
  • Value added runs at $3.17T per year (seasonally adjusted annual rate), up 8.9% year over year.
  • Corporate profits: $1.05T at annual rates in Q2 2026, 22.4% of all U.S. corporate profits.
  • Fixed investment: $813B in 2025 on a $6.26T capital stock.

Largest manufacturing industries

  • Chemical Products: $579B value added (19.8% of manufacturing).
  • Food, Beverage, and Tobacco Products: $384B value added (13.1% of manufacturing).
  • Computer and Electronic Products: $315B value added (10.8% of manufacturing).
  • Machinery: $220B value added (7.5% of manufacturing).
  • Other Transportation Equipment: $202B value added (6.9% of manufacturing).
  • Fabricated Metal Products: $199B value added (6.8% of manufacturing).
  • Motor Vehicles and Parts: $185B value added (6.3% of manufacturing).
  • Petroleum and Coal Products: $148B value added (5.1% of manufacturing).

Largest state manufacturing economies

  • California: $391B (9.1% of the state economy).
  • Texas: $332B (11.3% of the state economy).
  • Illinois: $140B (11.3% of the state economy).
  • Ohio: $133B (13.6% of the state economy).
  • Indiana: $129B (23.8% of the state economy).
  • Michigan: $113B (15.4% of the state economy).
  • North Carolina: $112B (12.4% of the state economy).
  • Pennsylvania: $107B (10.1% of the state economy).

About this data

  • Source: U.S. Bureau of Economic Analysis (public domain). National quarterly values are seasonally adjusted annual rates. Corporate-profit industry detail reflects inventory valuation adjustment without capital consumption adjustment, per NIPA table 6.16D conventions.

Last reviewed 2026-10-01.