Manufacturing Economy Monitor
How big is U.S. manufacturing, really.
Manufacturing is 9.4% of U.S. GDP, with $3.00T in value added at annual rates. Live BEA data across 19 industries and 51 states: output, growth, profits, and
The current reading
- Manufacturing is 9.4% of U.S. GDP as of Q1 2026.
- Value added runs at $3.00T per year (seasonally adjusted annual rate), up 6.6% year over year.
- Corporate profits: $773B at annual rates in Q1 2026, 17.5% of all U.S. corporate profits.
- Fixed investment: $729B in 2024 on a $5.79T capital stock.
Largest manufacturing industries
- Chemical Products: $578B value added (19.9% of manufacturing).
- Food, Beverage, and Tobacco Products: $355B value added (12.2% of manufacturing).
- Computer and Electronic Products: $318B value added (11% of manufacturing).
- Other Transportation Equipment: $210B value added (7.3% of manufacturing).
- Machinery: $205B value added (7.1% of manufacturing).
- Fabricated Metal Products: $193B value added (6.7% of manufacturing).
- Motor Vehicles and Parts: $184B value added (6.4% of manufacturing).
- Petroleum and Coal Products: $161B value added (5.6% of manufacturing).
Largest state manufacturing economies
- California: $385B (9.1% of the state economy).
- Texas: $332B (11.4% of the state economy).
- Illinois: $133B (11% of the state economy).
- Ohio: $132B (13.7% of the state economy).
- Indiana: $131B (24% of the state economy).
- Michigan: $114B (15.6% of the state economy).
- Pennsylvania: $108B (10.3% of the state economy).
- North Carolina: $103B (11.6% 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 2026-05-12.